By Reuters Staff
FILE PHOTO: An Angry Birds game character is seen at the Rovio headquarters in Espoo, Finland March 13, 2019. REUTERS/Anne Kauranen
HELSINKI (Reuters) – Rovio Entertainment, maker of the 10-year-old Angry Birds mobile game series, on Friday reported a 138% jump in third-quarter adjusted operating profit, helped by lower marketing costs and stable games revenue.
The Finnish company, which listed its shares in 2017, said its profit rose to 12.8 million euros ($15.1 million) from 5.4 million a year earlier, while revenue fell 9.2% to 67.9 million euros due to lower brand licensing revenue.read more