GDEV Q4 Earnings, Revenue Decline

MT Newswires Live
01 Apr

GDEV (GDEV) reported Q4 net profit Monday of $2 million, down from $11 million a year earlier.

Three analysts polled by FactSet expected $1.3 million.

Revenue for the quarter ended Dec. 31 was $98 million, down from $109 million a year earlier.

Three analysts surveyed by FactSet expected $99.9 million.

The company said average bookings per paying user increased to $102 from $92 a year earlier.

Shares of GDEV were down nearly 7% in after-hours trading.

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