Embracer Group AB (publ) (TH9.F)
| Previous Close | 2.4110 |
| Open | 2.4250 |
| Bid | 2.3250 x N/A |
| Ask | 2.4160 x N/A |
| Day's Range | 2.3220 - 2.4250 |
| 52 Week Range | 1.3200 - 5.0000 |
| Volume | |
| Avg. Volume | 2,053 |
| Market Cap | 3.164B |
| Beta (5Y Monthly) | 0.55 |
| PE Ratio (TTM) | 46.46 |
| EPS (TTM) | 0.0500 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Yahoo Finance Video
Meta opens up Quest operating system, Embracer Group to split
Mark Zuckerberg, CEO of Meta (META), took to Instagram on Monday to reveal the details of "Meta Horizon OS." Zuckerberg announced that the software platform designed to power the company's Quest virtual reality headset lineup will now be open for software developers to build applications and other hardware tailored for the operating system. Yahoo Finance's Dan Howley breaks down the details of Meta's announcement. He also provides insights into Embracer Group (EMBRAC-B.ST) splitting into three companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
- Reuters
Swedish gaming group Embracer to split into three listed companies
STOCKHOLM (Reuters) -Swedish gaming group Embracer plans to split into three separate listed companies, and has secured new financing to cut debt, the owner of the Tomb Raider franchise said on Monday, boosting its shares. Hit by development delays, weak demand, bad reception for some new games, and the collapse last year of a planned strategic partnership, Embracer's share price has fallen some 80% from its 2021 peak. Embracer, which in February warned it may miss its debt reduction target, said the three new companies would be called Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
ReutersGames group Embracer misses Q3 operating profit estimate
(Reuters) -Swedish games developer Embracer said it may miss its debt reduction target, but maintained its full-year forecast after on Thursday reporting slightly weaker-than-expected operating profit for October to December. The owner of the Tomb Raider franchise said its adjusted operating profit rose 7% to 2.15 billion Swedish crowns ($204.40 million) in the quarter compared with analysts' forecasts of 2.21 billion crowns in a company-provided consensus. It said it will reach the low end of its 7.0 billion to 9.0 billion crown forecast for adjusted operating profit, driven by a softer 2023/2024 PC/Console outlook, recent game performance, and some fourth-quarter pipeline shifts.
