[Click eStock] "Com2uS, 2Q Continued Loss... Target Price Down"

NH Investment & Securities lowered the target price for Com2uS from 72,000 KRW to 65,000 KRW on the 14th. The investment rating was maintained at 'Hold.'

Com2uS is estimated to have recorded sales of 220.3 billion KRW in the second quarter of this year, a 13.9% increase compared to the same period last year. Operating profit is expected to remain in the red at -4.8 billion KRW, falling short of market expectations (13.4 billion KRW). With the start of the baseball season, sales of baseball games are favorable,

but despite the performance of 'Summoners War: Chronicles,' losses in the media and content business continue, and marketing expenses have increased due to new game releases.

However, 'Zenonia,' released on the 27th of last month, ranked 10th in Google Play Store sales as of the previous day. Maintaining this ranking is crucial, but the initial start is not bad.

Jaemin Ahn, a researcher at NH Investment & Securities, predicted, "With the strong performance of Zenonia and MLB 9 Innings Rivals, the company will challenge a return to profitability in the third quarter."

This content was produced with the assistance of AI translation services.