Shares in casino games developer NetEnt received a much needed boost Friday as the company reported a 12.3 per cent increase in revenue for the third quarter of 2017.

NetEnt shares were trading up more than 13 per cent in Stockholm early Friday following the results announcement, lifting the shares from their 52-week low set earlier this week.

The company reported revenue of SEK401.0m for the third quarter, a gain of 12.3 per cent year-on-year, with operating profit climbing 20.5 per cent to SEK156.0m.

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