Nitro Games: Q1-Comments, Corona and Expectations
Research Note
2020-04-27
11:51
Revenue and EBIT-result were in line with our estimates in the Q1-report. As we expected the new game released with Avalanche Studios is “theHunter”. The game was soft-launched last week, we have tested it and it is also in-line with our expectations. We estimate it will take at least 3-6 months before we will get more clear indications of how well the game will perform in the long run.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers