Paradox Interactive AB (publ) (PRXXF) Expected to Release Earnings on Thursday

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is anticipated to announce its results before the market opens on Thursday, August 6th. Analysts expect Paradox Interactive AB (publ) to announce earnings of $0.1517 per share and revenue of $52.5790 million for the quarter.

Paradox Interactive AB (publ) Stock Performance

OTCMKTS:PRXXF opened at $15.26 on Wednesday. Paradox Interactive AB has a 12-month low of $12.50 and a 12-month high of $19.10. The stock’s fifty day simple moving average is $13.67 and its 200-day simple moving average is $14.01.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities upgraded Paradox Interactive AB (publ) from a “hold” rating to a “buy” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Paradox Interactive AB (publ) Company Profile

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.