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Net Ent shares hit new high as Q1 profit climbs 60%

28th April 2015 7:49 am GMT

Stockholm-listed casino games developer Net Entertainment has recorded a 60.9 per cent increase in net profit for the first quarter following strong growth in both new and existing markets.

Net Entertainment launched seven new customer casinos during the first quarter, helping to boost revenue by 37.1 per cent versus the first quarter of 2014 to SEK258.3m. Excluding currency fluctuations, first quarter revenue increased by 29.8 per cent year-on-year.The strong revenue growth, coupled [...]

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