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Global Gaming shares plunge on lower revenue growth

1st March 2019 6:42 am GMT
Global Gaming 555

Shares in Stockholm-listed online gaming operator Global Gaming 555 fell by over 40 per cent Thursday after the company announced that it had missed its own internal targets for the final quarter of the year.

Revenue in the fourth quarter amounted to SEK236.4m (approx. €18.9m), an increase of 35 per cent year-on-year, with an operating profit of SEK18.0m (approx. €1.4m), down 57 per cent versus Q4 2017.

The company attributed the lower than anticipated revenue growth to [...]

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