Nitro Games Q3 2022: A slower quarter than anticipated

Research Note

2022-10-24

08:46

Redeye comments on Nitro Games Q3 2022 earnings report, which missed our top and bottom line expectations. This was mainly due to lower than expected revenues from NERF: Superblast in the quarter and higher personnel costs. Net sales were supported by a solid foundation of revenues coming from development agreements.

DZ

VL

Danesh Zare

Viktor Lindström

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