GDEV Q3 Sales $121.00M Down From $128 YoY, Bookings of $102M Declined by 6% YoY
Portfolio Pulse from Benzinga Newsdesk
GDEV reported a decrease in Q3 sales to $121.00M from $128M year-over-year, and bookings also declined by 6% YoY to $102M.

November 22, 2023 | 7:17 am
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NEGATIVE IMPACT
GDEV experienced a decline in Q3 sales and bookings, indicating potential challenges in revenue growth.
The reported decline in both sales and bookings for GDEV suggests a negative trend in the company's revenue generation, which is likely to concern investors and could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100