Nexters (GDEV) has released an update.
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GDEV Inc., an international gaming and entertainment company, reported a net profit in Q2 2024 following a strategic vision overhaul, despite an 8% year-over-year revenue decrease to $106 million. The company maintained strong operational efficiency, with reduced platform commissions and game operation costs, and recorded stable bookings, highlighting resilience in user engagement. Notable product achievements include successful game launches and expansions, particularly the Hero Wars franchise experiencing a surge in popularity.
For further insights into GDEV stock, check out TipRanks’ Stock Analysis page.
