Nitro Games Q2 2019: Higher EBIT than expected
Research Note
2019-08-19
11:35
EBIT in the Q2 earnings report was higher than expected. Especially personnel cost was lower than our estimates. Moving forward Nitro Games will generate cash flows from its service business in its “work for hire” project with Avalanche Studios. Read our brief comments.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers