Thunderful calls 2024 “a transitional year” as net revenue drops 14.5% YoY

Thunderful says its “transition to a pure-play gaming company is complete” as it releases its financial information for the second quarter of 2024 and its performance for the year so far. Citing the start of 2024 as “very eventful” and “marked by an intense transformation into a pure-play publishing and development company,” Thunderful Group says … Read more

Solid Q1 for Sony but PS5 hardware unit sales down 27% YoY

Sony has released financial results for the first quarter of its fiscal year 2024. While first-party sales and PlayStation Plus stood out as particular areas of growth within its healthy gaming segment, hardware sales are in decline, four years into the PS5’s lifecycle. The numbers For the three months ended June 30, 2024: Sales:3.01 trillion … Read more