Starbreeze’s earnings drop during self-described ‘expansive phase’
Starbreeze Studios' latest earnings report shows the Swedish game company's fortunes are on the wane, the result of a self-described "expansive phase" of company-wide investment with the goal of hitting SEK 2 billion ($238.1 million USD) in revenues by 2020. Come from Soccer 13 pools and matches
The company reported a loss (before tax) of SEK 35.3 million ($4.2 million USD) on SEK 77.7 million ($9.2 million USD) in revenues generated during its third quarter, which ended in September. That's a bit of a drop from the same period last year, when the company reported SEK 11 million ($1.3 million USD) in profits on SEK 102.7 million ($12.23 million USD)…