Breaking News

COLORFUL Expands B850 Motherboard Lineup with New CVN, Battle-Ax, and MEOW Models HighPoint Unveils the MCIO-PCIEX16-G5 CASIO introduces a new limited edition Hammered heritage model, the New MRG-B5000HT Introducing the Game-Changing MINISFORUM G1 Pro PlayStation Plus Monthly Games for December 2025

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

COLORFUL Expands B850 Motherboard Lineup with New CVN, Battle-Ax, and MEOW Models
PC components

COLORFUL Expands B850 Motherboard Lineup with New CVN, Battle-Ax, and MEOW Models

HighPoint Unveils the MCIO-PCIEX16-G5
Enterprise & IT

HighPoint Unveils the MCIO-PCIEX16-G5

CASIO introduces a new limited edition Hammered heritage model, the New MRG-B5000HT
Consumer Electronics

CASIO introduces a new limited edition Hammered heritage model, the New MRG-B5000HT

Introducing the Game-Changing MINISFORUM G1 Pro
Enterprise & IT

Introducing the Game-Changing MINISFORUM G1 Pro

PlayStation Plus Monthly Games for December 2025
Gaming

PlayStation Plus Monthly Games for December 2025

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

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