2Sem.·

BUZZ-AppLovin, Unity Software slip on report Edgewater announces slowdown in mobile games

Shares of mobile game advertising platform $APP (-1,08 %) fall 7.9% to $266.11 after a report from Edgewater Research indicates a slowdown in mobile gaming ** Video game software maker Unity Software falls 6% to $20.99 ** thefly.com reports that Edgewater lowered estimates for both companies ** Edgewater said the macro environment for mobile gaming "appears to be slowing" and pointed to growing competition from Meta and Alphabet, the report said ** Including the session's NEW BUYERS, APP down 17.5% YTD and U down 5.3% YTD

Source: reuters.com

7 Commentaires

ETF-DIY@ETF-DIY

2Sem.

Exciting!
Is the slowdown global or related to which market?

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SemiGrowth@SemiGrowth

1Sem.

There were excellent earnings here (as always) although the guidance for this quarter was so weak. There was another good guidance for the next quarter

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~ S.@Semos25

1Sem.

@SemiGrowth I wouldn't have expected anything like this. Now of course comes the question of why I didn't buy more shares 🥲🥲

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SemiGrowth@SemiGrowth

1Sem.

@Semos25 I was actually expecting pretty much the same, but I wasn't sure how the short reports would go on

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~ S.@Semos25

1Sem.

@SemiGrowth I had my doubts precisely because of the short reports, but what the heck. I'm still pleased now. I hope it stays that way

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SemiGrowth@SemiGrowth

1Sem.

@Semos25 The company's outlook has always been very low and the outlook for the next quarter again includes 4% QoQ sales growth. The company has always achieved more than twice as much growth in recent earnings. If you can do that again, that would be 8% QoQ or 35% YoY

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~ S.@Semos25

1Sem.

@SemiGrowth If it continues like this, then yes. I just hope that the amys go long now.

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