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#G5 Entertainment: Strong Q2 prel numbers

newlogoAs we had come to expect, G5 Entertainment this morning announced very strong preliminary Q2 2014 revenue numbers.

The company writes: “Based on the information available, for the period April-June 2014, the management forecasts quarterly revenue of approximately 40 MSEK, which corresponds to achieving 83% revenue growth compared to the same period of 2013. G5 reports revenue net of application store fees, which may represent up to 30% of end user price. The groups interim report for the period January-June 2014 is going to be released on 15th August 2014.”

We expect the share to react sharply positive today.

Nordic Investor

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