Gree, Inc. Reports Earnings Results for Third Quarter of 2018; Provides Earnings Guidance for Fourth Quarter and Full Year of 2018
April 26, 2018
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Gree, Inc. reported earnings results for third quarter of 2018. For the period, the company's net sales were JPY 17.9 billion, operating income was JPY 2.8 billion and EBITDA was JPY 3.2 billion.
The company provided earnings guidance for the fourth quarter and full year 2018. For the quarter, net sales are expected to be JPY 18.5 billion, operating income to be JPY 2.2 billion, EBITDA to be JPY 2.5 billion.
For the full year, the company expects to see growth both in revenue and profit year-on-year.
Gree Inc is a Japan-based company mainly engaged in the internet media business. The Company is mainly engaged in the operation of GREE, the development and operation of app games for smartphones in Japan and overseas, as well as the operation of advertising media, and the provision of live entertainment business.
GREE, INC. 
