Phillips Edison (NASDAQ:PECO) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.08 by 50 percent. This is a 340 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $145.04 million which beat the analyst consensus estimate of $137.58 million by 5.42 percent. This is a 5.82 percent increase over sales of $137.06 million the same period last year.
How In-game Purchases and Subscriptions are Shaping the $60B Gaming Industry: Report
The video game industry, valued at around $60 billion, is amid an evident shift in revenue generation channels.
