Nov 11 : Swedish gaming company Embracer on Wednesday posted second-quarter core earnings above analyst estimates, driven by higher sales and lower capital spending in its Embracer operating segment.
The Tomb Raider owner said its planned spin-off of game developer Fellowship Entertainment, set to complete in 2027, was progressing well.
• Embracer's quarterly cash operating profit (EBIT) was 203 million Swedish crowns ($21 million) compared to 114 million crowns expected by analysts polled by the company
• The company maintained its cash EBIT expectations for its financial year 2026/27 of at least 1 billion crowns
Guess WordCrack the word, one row at a timeBuzzwordCreate words using the given lettersMini SudokuTiny puzzle, mighty brain teaserMini CrosswordSmall grid, big challengeWord SearchSpot as many words as you can Show More Show Less• Embracer said it expects cash EBIT in the third quarter broadly in line with last year
• It expects to release four titles in the two upcoming quarters, including "Metro 2039" and "Tomb Raider: Legacy of Atlantis" in February
($1 = 9.8681 Swedish crowns)