Rovio raises lower end of FY outlook ranges after flat Q3 revenue with better profitability

Friday 16 November 2018 | 13:56 CET | News
Finnish games developer Rovio said that revenue was little changed in the third quarter but profitability has improved, and it has narrowed down its forecast for the full year. It now expects group revenue to be EUR 280-EUR 290 million, after it previously predicted a range of EUR 260-EUR 300 million. It predicts EBITDA at 10-11 percent of revenue, compared with its previous outlook of 9-11 percent.

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Categories: Internet
Companies: Rovio
Countries: Finland / World
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