Fractal Gaming Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 17, 2022 at 02:00 am
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Fractal Gaming Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 133 million compared to SEK 86.8 million a year ago. Revenue was SEK 133 million compared to SEK 86.8 million a year ago. Net income was SEK 6.3 million compared to net loss of SEK 5.5 million a year ago. Basic earnings per share from continuing operations was SEK 0.2 compared to basic loss per share from continuing operations of SEK 0.2 a year ago. Diluted earnings per share from continuing operations was SEK 0.2 compared to diluted loss per share from continuing operations of SEK 0.2 a year ago.
For the nine months, sales was SEK 351.3 million compared to SEK 365.2 million a year ago. Revenue was SEK 352.4 million compared to SEK 365.2 million a year ago. Net income was SEK 7.6 million compared to net loss of SEK 2.5 million a year ago. Basic earnings per share from continuing operations was SEK 0.3 compared to basic loss per share from continuing operations of SEK 0.1 a year ago. Diluted earnings per share from continuing operations was SEK 0.3 compared to diluted loss per share from continuing operations of SEK 0.1 a year ago.
Fractal Gaming Group AB is a Sweden-based company that provides hardware products for computers. Fractal caters to a variety of PC hardware markets, focusing mainly on the premium segment of PC gaming products. Other products include power supply units, cooling products and fans (predominantly premium-focused) for gamers. The sale of Fractalâs products is made to distributors, and direct sales to retailers and system integrators. In the sales channels Fractal uses a broad distribution network, including global partnerships with several distributors such as Exertis, ASK Corporation and Ma Labs, and retailers like New Egg, Amazon and JD.com. Fractalâs products are sold in more than 50 markets globally.