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Redeye: G5 Entertainment - Good cost control supports profitability, while growth remains soft

G5 Entertainment

G5 reported lower-than-expected topline in Q1, while good cost control supported solid profitability and EBIT results close to our forecast. Looking forward, we have lowered our growth assumptions as revenue from new games looks to take longer time than we previously anticipated, however this is partly mitigated by lower opex assumptions.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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G5 Entertainment - Good cost control supports profitability, while growth remains soft

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