Shift Up: 2Q 2024 Results Analysis
On 14 August, Shift Up (462870 KS) reported its 2Q 2024 results, which was the first earnings report post its IPO.
Shift Up reported sales of 65.2 billion won (up 65.4% YoY and 19.5% below consensus) and OP of 45.1 billion won (up 49% YoY and 21.4% below consensus) in 2Q24.
The company is preparing for a PC release of Stellar Blade in the near future to continue its strong popularity and it expects better results on PC than on console.
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