Paradox Interactive Reports Q3 Revenue Growth of 15.4% and Increased Operating Profit

Paradox Interactive (PRXXF) reported strong third-quarter financial results, highlighted by a 15.4% year-over-year increase in revenue, reaching SEK 456 million. The company's operating profit saw significant growth, rising 27% compared to the same period last year to reach SEK 142 million. In addition to top-line and operational growth, Paradox Interactive demonstrated active capital management by repurchasing 1.22 million of its own shares for a total of SEK 178 million during the quarter. Operating cash flow remained healthy at SEK 197 million, supporting both the company's operations and its share buyback program.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

Paradox Interactive Reports Q3 Revenue Growth of 15.4% and Increased Operating Profit

Tickers: $PRDIY

Topics: earnings report operating profit revenue growth share buyback

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