April 24 (Reuters) - Hasbro's (HAS.O) quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gaming segment, sending the toymaker's shares up about 12%.

Hasbro topped earnings and revenue expectations for its second quarter. Magic: The Gathering And Monopoly Go! games helped drive gaming growth. Toy and entertainment sales fell and the company ...

Revenues for digital gaming were up 20% while traditional toys declined by 20%. Overall revenue declined 18% during the quarter, primarily due to the divestiture of Hasbro’s eOne entertainment ...

Hasbro made $112 million from Monopoly Go in 2024 as sales in the company’s games division grew year-over-year. According to the firm's 2024 FY24 financials, the Wizards of the Coast and Digital ...

Hasbro's gaming business saw its digital and licensed gaming revenue increase by 22% year-over-year to $471.7 million. $112 million alone of that came from Scopely's Monopoly Go. The firm's Magic ...

Sales in Hasbro's consumer products business fell 20%. Prior to Thursday's moves, Hasbro's stock has risen by 16.4% so far in 2024, compared to a 13.8% jump by the S&P 500 SPX. -Steve Gelsi ...

Arabian Post -Hasbro Inc. has reported a significant surge in its digital and licensed gaming segment, with revenues climbing 22% year-over-year to $471.7 million in 2024. A substantial portion of ...

Hasbro raised its full-year guidance and now expects mid-single-digit revenue growth, adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, of between $1.17 billion ...