in Mobile Gaming

#G5 Entertainment: Hiking Q1 forecast

G5 Entertainment just published its usual mid-quarter update and we are happy to see that the company is back in hiking mode again:

For the period of January-March 2012, the management revises the forecast to 17.2 MKr revenue (up 8% compared to the previous forecast of 16 MKr), and 5.6 MKr operating result (up 12% compared to the previous forecast of 5 MKr). This updated forecast corresponds to achieving 80% revenue growth and 43% operating result growth compared to the same period of 2011. “

It’s good to be long G5 Entertainment!

Nordic Investor

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