Rovio misses on Q4 revenue of €73.9M vs €77.33M estimated and announces closure of a year-old London office, departure of head of games unit; stock down 9%+
Rovio Group revenue is expected … Shona Ghosh / Business Insider : This one chart shows just how brutal it is for ‘Angry Birds’ maker Rovio to make another smash hit Shawn Knight / TechSpot : Rovio cl...
Angry Birds maker Rovio's stock falls 50%+ to ~€5, well below €11.50 IPO price, after weak 2018 revenue guidance of €260-€300M vs. €336M analyst expectations
Rovio shares fell 20%+ on Thursday, below its September IPO price, as Angry Birds maker's customer acquisition costs increased 4X YoY to $26.3M, hurting profits
Kati Pohjanpalo / Bloomberg :
Rovio shares fell 20%+ on Thursday, below its September IPO price, as Angry Birds maker's customer acquisition costs increased 4X YoY to $26.3M, hurting profits
Investments in attracting new users weigh on profitability — Stock falls more than 20% to lowest level since September IPO
Angry Birds maker Rovio sets price range for IPO at €10.25-11.50 per share, which would value the company between €802-896M
Angry Birds maker Rovio sets price range for IPO at €10.25-11.50 per share, which would value the company between €802-896M, or $955.34M - $1.07B
Tuomas Forsell / Reuters :
Angry Birds maker Rovio sets price range for IPO at €10.25-11.50 per share, which would value the company between €802-896M, or $955.34M - $1.07B
HELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range …
Angry Birds maker Rovio announces IPO, plans to issue €30M in new stock, to trade on Finnish Nasdaq affiliate; sources say valuation expected to reach ~€2B
David Gauthier-Villars / Wall Street Journal :
Angry Birds maker Rovio announces IPO, plans to issue €30M in new stock, to trade on Finnish Nasdaq affiliate; sources say valuation expected to reach ~€2B
Finnish videogame company reports sharp rise in first-half sales and profit — Rovio Entertainment Oy …
Sources: Angry Birds maker Rovio is planning an IPO as early as next month that could raise about $400M and value the company at about $2B
Rovio is said to plan a share listing as soon as next month — Games maker is searching for growth after Angry Birds success