Breaking News

Arctic announces Xtender PC case Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup Razer Unveils Wolverine V3 Pro 8K PC controller XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G CASIO Introduces the All New G SHOCK GBA 950

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Rovio Still In Red

Rovio Still In Red

Smartphones Apr 6,2016 0

Rovio Entertainment, the maker of mobile phone game Angry Birds, on Wednesday said it fell to loss last year due to restructuring and investments in the upcoming 3D Hollywood movie. Rovio's earnings have dropped for three consecutive years as licensing has fallen and the company has failed to create new hit games.

Rovio said its 2015 adjusted operating loss was 13 million euros ($14.75 million), compared to a profit of 10 million in 2014 and a profit of 77 million in 2012.

Sales fell to 142 million euros last year from 158 million. Rovio said revenue from games was up slightly at around 114 million.

Rovio expects that the Angry Birds movie, due out next month, will help it win new licensing deals and boost sales.

Tags: Rovio
Previous Post
Shuttle Introduces Four New Socket LGA1151 XPC Barebones
Next Post
HERE in Talks With Amazon, Microsoft

Related Posts

  • Rovio to Take Advantage of Machine Learning For New Games

  • Rovio Gets Into Mobile AR With New Angry Birds Isle of Pigs Game

  • Rovio Releases Free 'Angry Birds Dream' Blast Game

  • Angry Birds Maker Targets $1bn Valuation

  • Rovio Plans Job Reductions

  • Angry Birds 2 Coming This Month

  • Angry Birds Return In Lego

  • Rovio to Slash 130 Jobs

Latest News

Arctic announces Xtender PC case
Cooling Systems

Arctic announces Xtender PC case

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup
Gaming

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup

Razer Unveils Wolverine V3 Pro 8K PC controller
Gaming

Razer Unveils Wolverine V3 Pro 8K PC controller

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G
PC components

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G

CASIO Introduces the All New G SHOCK GBA 950
Consumer Electronics

CASIO Introduces the All New G SHOCK GBA 950

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed