Salem Radio Network News Thursday, January 27, 2022

Business

Cyberpunk maker CD Projekt misses quarterly profit forecast

(Reuters) – CD Projekt, the Polish video game maker behind “Cyberpunk 2077”, missed expectations on Monday with its third-quarter net profit, weighed down by higher costs.

The company’s flagship game has helped to boost sales and earnings this year but its third-quarter net profit of 16.3 million zlotys ($3.92 million) was down 78% from the previous quarter, missing analyst expectations for a 51% drop to 36 million zlotys.

(Reporting by Anna Pruchnicka; Editing by David Goodman)

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