Citi sees significant upside at Team17
3rd May 2024 09:52
(Sharecast News) - Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.
Read moreTeam17 warns on profits, shares slide
24th Nov 2023 09:43
(Sharecast News) - Team17 tumbled on Friday as the games developer warned that full-year earnings will be lower than expected.
Read moreTeam17 maintains expectations as first-half earnings slip
19th Sep 2023 14:10
(Sharecast News) - Video games specialist Team17 reported a 31% increase in revenue in its half-year results on Tuesday, reaching £69.7m, up from £53.2m in the first half of 2022.
Read moreTeam17 announces new chair as Chris Bell steps down
22nd Aug 2023 10:53
(Sharecast News) - Video games label Team17 announced a change in leadership on Tuesday, with Chris Bell, who had been with the company since its initial public offering in 2018 as its non-executive chair, to step down from his position by the end of the year.
Read moreDan Bell appointed new group CEO at Team17
6th Jun 2023 13:59
(Sharecast News) - Video games developer Team17 announced the appointment of Steve Bell as its new chief executive officer on Tuesday.
Read moreTeam17 revenue surges as company expands
28th Mar 2023 12:12
(Sharecast News) - UK-based video game developer and publisher Team17 reported a 52% increase in revenue in its 2022 results on Tuesday, to £137.4m, and a 53% increase in gross profit to £69.6m, with gross profit margins expanding by one percentage point to 51%.
Read moreTeam17 jumps on forecast-busting performance
18th Jan 2023 14:37
(Sharecast News) - Video games label, creative partner, developer and publisher Team17 said in an update on Wednesday that it traded "strongly" in the second half of 2022, with multiple new first- and third-party titles released, extended games distribution to wider platforms, and "strong support" across its portfolios with additional new content updates.
Read moreSunday share tips: Literacy Capital, Team 17
23rd Oct 2022 15:14
(Sharecast News) - The Financial Mail on Sunday's Midas column told readers to 'buy' shares of Literacy Capital, arguing that they should gain ground, "despite the choppy economic climate".
Read moreTeam17 reports several first-half financial records
13th Sep 2022 09:45
(Sharecast News) - Video games developer, label and creative service provider Team17 reported a 33% improvement in half-year revenues on Tuesday, to a record £53.2m.
Read moreExpanded Team17 meets expectations in its first half
14th Jul 2022 09:15
(Sharecast News) - Video games developer, creative partner and label Team17 Group said in an update on Thursday that trading in the six months ended 30 June was in line with its expectations.
Read moreAcquisitions underpin full-year growth for Team17
30th Mar 2022 09:20
(Sharecast News) - Video games developer, creative partner and label Team17 reported a 9% improvement in revenue in its unaudited final results on Wednesday, to £90.5m.
Read moreTeam17 buys US indie label, Hell Let Loose game IP
6th Jan 2022 12:03
(Sharecast News) - Video games developer, creative partner and publishing label Team17 announced two acquisitions on Thursday, of independent publisher The Label, and of the intellectual property of third-party title Hell Let Loose.
Read moreTeam17 launches app for children with Lego and Marvel
27th Oct 2021 08:29
(Sharecast News) - Video games label, developer and creative services provider Team17 announced on Wednesday that its StoryToys subsidiary was launching a Lego Duplo Marvel mobile app alongside the Lego Group and Disney division Marvel Entertainment.
Read moreNew games help Team17 to record first half
14th Sep 2021 12:24
(Sharecast News) - Team17 said it was confident about its outlook as the video games developer recorded record first-half profit supported by new releases.
Read moreCanaccord downgrades Team17 to 'hold' as stock approaches target price
5th Aug 2021 14:04
(Sharecast News) - Analysts at Canaccord Genuity lowered their rating on video games developer Team17 from 'buy' to 'hold' on Thursday, stating the group's share price was now approaching its target.
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