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Embracer Still Has a Few Larger Divestment Processes Coming Up; Third-Party Publishing Will Be More Selective

NewsTech

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Embracer Group

This morning, the Embracer Group released its Q3 fiscal year 2023/2024 financial report. The company managed to deliver slightly above expectations thanks to non-core game divisions like Asmodee, Middle-earth Enterprises, and mobile, while the PC and console segment was down 9% due to a lighter release schedule. Games like The Lord of the Rings: Return to Moria, Risk of Rain Returns, and the DLCs of Remnant II and Dead Island 2 overperformed, while PAYDAY 3, Arizona Sunshine 2, Wildcard Football, and Hot Wheels Unleashed 2: Turbocharged underperformed. Overall net sales grew by 4%, reaching $1.15 billion, an all-time high for […]

Read full article at https://wccftech.com/embracer-still-has-a-few-larger-divestment-processes-coming-up-third-party-publishing-will-be-more-selective/

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