Devolver Dig. S Share News (DEVO)

Devolver Digital loss narrows as eyes return to profit via new games

(Alliance News) - Devolver Digital Inc on Thursday reported a sharply narrowed annual loss as it expects to return to an annual profit amid the release of several new games.

UK earnings, trading statements calendar - next 7 days

CORRECT: Devolver Digital hails sales of Talos Principle 2

(Correcting executive change description.)

Devolver Digital hails sales of Talos Principle 2 as targets growth

(Alliance News) - Devolver Digital Inc on Wednesday said new games released in the fourth quarter of last year had "good momentum" as it predicts adjusted earnings to grow this year.

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

Devolver Digital acquires System Era in $40m deal

(Sharecast News) - Digital publisher and indie video game developer Devolver Digital announced the acquisition of System Era Softworks on Wednesday for a total consideration of up to $40m.

Devolver Digital acquires "highly successful" video game developer

(Alliance News) - Devolver Digital Inc on Wednesday said it has acquired Seattle-based developer System Era Softworks Inc for up to USD40 million.

Devolver Digital blames fall in subscriptions for interim revenue fall

(Alliance News) - Devolver Digital Inc on Monday lamented a delay to the publication of video games originally scheduled for 2023 but now headed for release in 2024 as it reported lower interim revenue, albeit its loss narrowed amid cost cutting.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: FTSE 100 declines but pound perks up after BoE

(Alliance News) - Equities in Europe closed lower on Thursday, with markets still unsteady after a US credit rating cut on Wednesday, though London-listed property firms got a slight boost, on the view that the end of the Bank of England's hiking cycle is in sight.

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

IN BRIEF: Devolver "disappointed" as only break-even expected in 2023

Devolver Digital Inc - Austin, Texas-based digital publisher and developer of indie video games - Says performance in the first half of 2023 has been negatively impacted by delays to new title releases, a reduction in revenue from subscription deals and a lower contribution from its back-catalogue. As a result, now expects normalised adjusted earnings before interest, tax, depreciation and amortization to be negative in the half. For the full-year, normalised adjusted Ebitda is expected to be "at least" break-even. Normalised Ebitda is expected to return to growth in 2024 and accelerate in 2025.

AIM WINNERS & LOSERS: Devolver Digital down on earnings warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

UK shareholder meetings calendar - next 7 days