GDEV announces preliminary unaudited results for the first quarter 2024
Nexters Inc. - Ordinary Shares (GDEV)
Company Research
Source: GlobeNewswire
LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the first quarter ended March 31, 2024. Financial highlights: First quarter 2024: Revenue of $107 million decreased by 10% year-over-year.Bookings of $109 million increased by 4% year-over-year.Loss for the period of $1 million in Q1 2024 vs. loss of $8 million in Q1 2023.Adjusted EBITDA of negative $3 million in the first quarter 2024 compared to negative $12 million in the first quarter of 2023. GDEV CEO, Andrey Fadeev stated: “The first quarter results highlighted the effectiveness of our strategic initiatives, as our bookings continued to grow. Looking forward, we plan to prioritize user acquisition investments to continue to drive profitable growth. Furthermore, we made significant efforts to enhance our corporate profile, as demonstrated by our rece
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GDEV
Sec Filings
- 5/28/24 - Form 424B3
- 5/28/24 - Form 424B3
- 5/28/24 - Form 424B3
- GDEV's page on the SEC website