Digital games maker GDEV's Q3 revenue beats estimates

Reuters

Nov 24

Digital games maker GDEV's Q3 revenue beats estimates

Overview

GDEV Q3 2025 revenue declines 12% yr/yr but beats analyst expectations
Net income for Q3 2025 rises to $24 mln from $15 mln in Q3 2024
Adjusted EBITDA for Q3 2025 increases to $26 mln from $17 mln in Q3 2024

Outlook

GDEV did not provide specific future guidance in the press release

Result Drivers

MARKETING STRATEGY - Co's disciplined marketing spending and focus on higher-quality users led to a 43% decrease in selling and marketing expenses
REVENUE DECLINE - Revenue decreased 12% yr/yr due to lower consumer spending and reduced revenue recognition from bookings
BOOKINGS DECLINE - Bookings fell 4% yr/yr due to a 16% drop in monthly paying users, partially offset by higher ABPPU

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue	Beat	$98 mln	$96.50 mln (2 Analysts)
Q3 Net Income		$24 mln
Q3 Adjusted EBITDA		$26 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"

Press Release: ID:nGNXXYG03

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDEV","symbol_name":"GDEV Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251124:nL1N3X00C7:1","article_id":"2585462418","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585462418","pubTimestamp":1763989897,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Digital games maker GDEV's Q3 revenue beats estimatesOverviewGDEV Q3 2025 revenue declines 12% yr/yr but beats analyst expectationsNet income for Q3 2025 rises to $24 mln from $15 mln in Q3 2024Adjust","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GDEV":"GDEV Inc","BK4085":"互动家庭娱乐"},"translate_title":"数字游戏制造商GDEV第三季度收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GDEV":0.9},"content_text":"Digital games maker GDEV's Q3 revenue beats estimatesOverviewGDEV Q3 2025 revenue declines 12% yr/yr but beats analyst expectationsNet income for Q3 2025 rises to $24 mln from $15 mln in Q3 2024Adjusted EBITDA for Q3 2025 increases to $26 mln from $17 mln in Q3 2024OutlookGDEV did not provide specific future guidance in the press releaseResult DriversMARKETING STRATEGY - Co's disciplined marketing spending and focus on higher-quality users led to a 43% decrease in selling and marketing expensesREVENUE DECLINE - Revenue decreased 12% yr/yr due to lower consumer spending and reduced revenue recognition from bookingsBOOKINGS DECLINE - Bookings fell 4% yr/yr due to a 16% drop in monthly paying users, partially offset by higher ABPPUKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueBeat$98 mln$96.50 mln (2 Analysts)Q3 Net Income$24 mlnQ3 Adjusted EBITDA$26 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 1 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the software peer group is \"buy\"Press Release: ID:nGNXXYG03For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}