
CTW Cayman (NASDAQ:CTW) reported nearly flat revenue for the first half of fiscal 2026 while posting a GAAP net loss, as management said new game launches underperformed expectations and mature titles continued to age through their life cycles.
On the company’s earnings call for the six months ended Jan. 31, 2026, Chief Financial Officer Patrick Liu said revenue was $41 million, down 0.7% from $41.2 million in the prior-year period. Gross in-game purchases declined 1.1% year over year to $43.6 million.