Angry Birds Friends boost Rovio's Q3 profits, shares jump

Rovio Entertainment Oyj

28/10/2021 08:06

** Shares of Rovio  ROVIO.HE  rise 7.5% after the Finnish
game maker reported a jump in Q3 operating profit driven by
strong performance of Angry Birds Friends and steady sales of
other key games  urn:newsml:reuters.com:*:nL8N2RO2DV
    ** Rovio's quarterly underlying operating profit rose 11.6%
year-on-year to EUR 14.3 mln ($16.59 mln) 
    ** The company said Angry Birds Friends had its best quarter
since Q2 2017, growing its gross bookings to EUR 8.5 mln
    ** Inderes analysts had expected the operating profit to
decline from the strong comparison period last year
    ** The stock, up 2.5% this year, is set for its best day
since January

 (Reporting by Milla Nissi)
 ((milla.nissi@tr.com))