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2019-06-18

THQ Nordic AB: Redeye: THQ Nordic - Content is King

THQ Nordic showed strong figure during Q5; the main driver was of
course Metro Exodus. E3 announcements included, among others; a new
Darksiders spin-off and two highly anticipated remakes. In this
update, we focus on the backlog and growing IP portfolio and how this
plays into two essential trends within gaming; "Cloud gaming" and
"Platform wars". Technologies will come and go, but the content will
always be King. With the solid cash position, we look forward to what
the management will do in terms of M&A; we reiterate our Base-case
valuation.

Read more and download the research update: http://bit.ly/2KUezUU

Start following companies at Redeye to receive the latest equity
research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment
Banking. https://www.redeye.se/about/

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https://news.cision.com/se/thq-nordic-ab/r/redeye-thq-nordic--content-is...

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