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Net Ent shares hit new high on strong Q2 results

11th July 2014 9:12 am GMT

Stockholm-listed casino games developer Net Entertainment has recorded a 46.6 per cent increase in operating profit for the second quarter of 2014, as a combination of existing customer growth and new launches, together with positive currency fluctuations, contributed to a 37.8 per cent rise in revenue.

Second quarter revenue amounted to SEK205.0m, up from SEK148.7m a year ago, as a result of increased volumes from existing customers and setup fees relating to new agreements signed during [...]

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