Breaking News

ASUS Announces ProArt Router PRT-BE5000 and ProArt Switch PQG-U1080 CORSAIR Expands the Popular FRAME Series Case Lineup DeepCool Launches the LT360 VISION ARGB Noctua and Asetek Announce Flagship AIO Liquid Coolers Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

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

ASUS Announces ProArt Router PRT-BE5000 and ProArt Switch PQG-U1080
Enterprise & IT

ASUS Announces ProArt Router PRT-BE5000 and ProArt Switch PQG-U1080

CORSAIR Expands the Popular FRAME Series Case Lineup
Cooling Systems

CORSAIR Expands the Popular FRAME Series Case Lineup

DeepCool Launches the LT360 VISION ARGB
Cooling Systems

DeepCool Launches the LT360 VISION ARGB

Noctua and Asetek Announce Flagship AIO Liquid Coolers
Cooling Systems

Noctua and Asetek Announce Flagship AIO Liquid Coolers

Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives
Enterprise & IT

Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

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