Reuters logo
BRIEF-Gaming Innovation Group Q4 EBITDA swings to profit of EUR 3.9 mln
February 14, 2017 / 7:38 AM / 10 months ago

BRIEF-Gaming Innovation Group Q4 EBITDA swings to profit of EUR 3.9 mln

Feb 14 (Reuters) - Gaming Innovation Group Inc:

* Q4 revenue 21.5 million euros ($22.8 million)versus 6.4 million euros year ago

* Q4 EBITDA profit 3.9 million euros versus loss 1.8 million euros year ago

* Sees 2017 revenues above 120 million euros

* Sees increased marketing costs in 2017

* Considers using Nordic bond market to finance future acquisitions, and will contemplate to arrange fixed income investor meetings

* Says to invest in active real money players to increase volume and future earnings

* Says to develop IGC-platform to sign larger and established cleints Source text for Eikon:

Further company coverage: ($1 = 0.9426 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below