Razer recorded losses for the first half of this year despite higher revenues

Razer is well known to users of game consoles and PC accessories. In addition, Razer is looking to expand with the introduction of digital services and break into other markets, such as smartphones, with a gaming phone.

In its financial report, Razer confirmed that it has achieved the highest returns in six years since its IPO, with revenues of $ 357.2 million, an increase of 30% over last year. . The company had $ 303 million in terminal and equipment sales and $ 35.7 million in digital services, up 110% from a year earlier.

However, the company recorded a net loss of $ 47.7 million, but has no debt and has $ 528.9 million in the bank. Finally, the company has confirmed to have more than 70 million accounts for various services provided to players.