Fast Track

Net Entertainment posts higher than expected Q3 revenue

22nd October 2013 8:30 am GMT

Shares in Sweden’s Net Entertainment hit a new 52-week high of SEK130.25 per share in Stockholm this morning after the company reported higher than expected revenues of SEK153.1m for the third quarter of 2013.

Revenues were up 25 per cent compared to the same period last year following a combination of existing customers’ growth, the launch of new games, and revenues from the launch of new customers.The company said that Q3 revenues were higher than [...]

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