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Pin to quick picksTeam17 Share News (TM17)

Share Price Information for Team17 (TM17)

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Share Price: 280.00
Bid: 275.00
Ask: 285.00
Change: -1.00 (-0.36%)
Spread: 10.00 (3.636%)
Open: 272.50
High: 277.00
Low: 277.00
Prev. Close: 278.00
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Team17 to beat revenue expectations for 2018 year

Tue, 29th Jan 2019 12:02

(Sharecast News) - Video games label, creative partner and independent developer Team17 updated the market on its trading for the year ended 31 December on Tuesday, reporting it continued to see strong sales momentum in the second half, particularly in the sales of third-party titles such as Overcooked 2.The AIM-traded firm said that as a result, it would report revenues ahead of expectations, and adjusted EBITDA at the upper end of market expectations.It said its growing back catalogue portfolio continued to perform well over the course of 2018, which the board said demonstrated the strength of its capabilities in life cycle management."Furthermore, the company is pleased to see the quality of its games and people being recognised in the media and at leading industry events throughout 2018," the board noted in its statement.It said the company and its portfolio received more than 130 awards and nominations during the year, notably at the international gaming industry's flagship awards ceremony, the Game Awards, held in Los Angeles in December.There, Overcooked 2 was awarded Best Family Game.Additionally, the board highlighted that Yoku's Island Express collected more than 70 nominations or awards in the industry's media roundup of 'Best of 2018' games."The company has a solid portfolio of game launches planned for 2019, including My Time at Portia, which exited early access on 15 January and launched on both Valve's Steam Store and the Epic Games store," Team17 added."The game has had an encouraging start and will be launching across additional platforms in spring 2019."Genesis Alpha One will launch today on PlayStation 4, Xbox One and on PC, exclusively via the recently launched Epic Games store."The company also said The Escapists 2: Pocket Breakout - the sequel to its owned multi-million unit selling Escapist franchise - would also make its debut on the Android Google Play and Amazon stores, and the iOS Apple store, on 31 January."The company will report its full year results for the year ended 31 December on 19 March."
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3 May 2024 09:52

Citi sees significant upside at Team17

(Sharecast News) - Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.

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16 Apr 2024 10:36

Team17 shares fall; swings to loss as hit by one-off costs

(Alliance News) - Team17 Group PLC shares fell on Tuesday, after it swung to an annual loss.

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9 Apr 2024 16:16

UK earnings, trading statements calendar - next 7 days

Wednesday 10 April 
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Marshalls PLCFull Year Results
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Thursday 11 April 
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Friday 12 April 
SigmaRoc PLCTrading Statement
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Ashmore Group PLCTrading Statement
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Ninety One PLC and LtdTrading Statement
Oxford Instruments PLCTrading Statement
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Team17 Group PLCFull Year Results
  
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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23 Feb 2024 09:19

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

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31 Jan 2024 09:21

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25 Jan 2024 10:47

CORRECT: Team17 shares rise as performs "well" during Christmas period

(Corrects 2022 adjusted earnings before interest, tax, depreciation and amortisation figure.)

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25 Jan 2024 10:32

Team17 shares rise as performs "well" during Christmas period

(Alliance News) - Team17 Group PLC on Thursday said it traded strongly in the key festive period, ending 2023 with "positive momentum across the portfolio".

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LONDON BROKER RATINGS: HSBC likes Softcat; Jefferies cuts Future

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28 Nov 2023 17:01

IN BRIEF: Team17 CEO Designate, non-executive director buy shares

Team17 Group PLC - Wakefield, England-based developer of video games, educational entertainment apps for children, and working simulation games - Chief Executive Officer Designate Steve Bell buys 54,050 shares at 185p on Monday, worth GBP99,992.50. Non-Executive Director Penny Judd buys 53,475 shares at 187p on Monday, worth GBP99,998.25.

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27 Nov 2023 11:25

IN BRIEF: Team17 chair-designate buys shares after profit warning

Team17 Group PLC - Wakefield, England-based developer of video games, educational entertainment apps for children, and working simulation games - Chair-Designate Frank Sagnier buys 108,000 shares at 190 pence, worth GBP205,200, on Friday. Team17 shares had fallen more than 40% that day, after the company warned of a decline in annual earnings, partly on "project overspends". Sagnier will replace Chris Bell as chair at the end of December. During his career, Sagnier worked for video game maker Electronic Arts Inc. His purchase of Team17 shares is his first holding.

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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