Gravity (NASDAQ:GRVY) Second Quarter 2024 Results

Key Financial Results

• Revenue: ?118.5b (down 50% from 2Q 2023).

• Net income: ?12.6b (down 72% from 2Q 2023).

• Profit margin: 11% (down from 19% in 2Q 2023). The decrease in margin was driven by lower revenue.

• EPS: ?1,809 (down from ?6,478 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gravity shares are down 10% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Gravity's balance sheet health.

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