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GDEV Inc. Ordinary Shares - $GDEV STOCK NEWS

Welcome to our dedicated page for GDEV Ordinary Shares news (Ticker: $GDEV), a resource for investors and traders seeking the latest updates and insights on GDEV Ordinary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GDEV Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GDEV Ordinary Shares's position in the market.

Rhea-AI Summary
GDEV Inc. announces the successful launch of Pixel Gun 3D on PC platform, achieving significant milestones such as entering the Top 20 most sold and Top 50 most played games on Steam. The game recouped its development costs on the first day, making 5 times the average daily in-app purchases of the mobile version, without heavy marketing investments.
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Rhea-AI Sentiment
End-of-Day
4.55%
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Rhea-AI Summary
GDEV Inc. released its preliminary unaudited financial and operational results for Q4 and FY 2023. In Q4 2023, revenue and profit increased significantly, with adjusted EBITDA at $10 million. However, for FY 2023, revenue declined by 3% year-over-year, with profit at $46 million and adjusted EBITDA at $43 million. The company saw improvements in advertising sales share, MPU, and bookings in Q4 2023.
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Rhea-AI Summary
GDEV Inc. announced the final results of its tender offer to purchase 16,554,256 of its ordinary shares at a price of $2.00 per share, amounting to approximately $33.1 million. The company intends to reintroduce the purchased shares into the securities markets to increase its public float and trading liquidity.
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Rhea-AI Sentiment
End-of-Day
0.44%
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Rhea-AI Summary
GDEV Inc. (GDEV) released its unaudited financial and operational results for Q3 and nine months ended September 30, 2023. Revenue declined by 5% YoY, but grew 6% QoQ. Bookings declined by 6% YoY. Total comprehensive income declined by 22% YoY, but grew 15% QoQ. Profit for the period amounted to $24 million. Cash flows from operating activities declined to $8 million. Adjusted EBITDA declined to $29 million. Selling and marketing expenses increased to $43 million. Monthly Paying Users increased by 23% YoY. Product updates include milestones for Hero Wars and planned release of Pixel Gun 3D on Steam.
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3.57%
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1.35%
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-8.4%
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1.84%
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3.68%
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-3.29%
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Rhea-AI Sentiment
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-0.9%
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GDEV Inc. Ordinary Shares

Nasdaq:GDEV

GDEV Rankings

GDEV Stock Data

392.91M
25.08M
80.69%
0.09%
0.03%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
Moscow

About GDEV

nexters are the superheroes of the game industry. we love games and we are making them right! we create new worlds and bring them to life in online games. we advance, develop and conquer new peaks. we bring people together by creating mobile and social apps. we love what we do and we take sincere pleasure in our job. we have a creative approach to the working process, and we put our infinite energy into achieving our goals.