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Life has not been easy for Rovio, maker of the Angry Birds video game, since the Finnish company went public last fall. Given its rocky start as a public company, investors were mostly breathing a sigh of relief today that the company’s latest earnings report was not the disaster some had feared. On the revenue […]
Almost two months after its IPO, Angry Birds maker Rovio Entertainment today learned a painful lesson about life as a public company when investors battered its stock following an earnings report that failed to meet expectations. Rovio missed on both profits and sales, which sent its stock down 18.87 percent in mid-day trading on the […]
Finland’s Rovio announced today a price range for its initial public offering of stock that would value the company between $ 956 million and $ 1.07 billion. The company said it will issue $ 36 million worth of new stock at a price range between $ 10.23 per share and $ 13.72 per share. Rovio […]
Capping what appears to be a remarkable turnaround, Finland’s Rovio announced today it has filed for an initial public offering of stock to expand its mobile gaming business and make acquisitions. The company will issue $ 36 million worth of new stock. In addition, some current shareholders will be allowed to sell stock in the […]
Anthony Quintano/flickr HELSINKI, Sept 5 (Reuters) – Finnish mobile games and animation studio Rovio Entertainment said on Tuesday that it was planning an initial public offering (IPO) and listing of its shares in Helsinki in a long-awaited move aimed to boost growth. The maker of the Angry Birds hit games and 3D movie said the […]
Rovio Entertainment reported that its second quarter revenues grew 94 percent as revenue from both games and The Angry Birds Movie roll in. That’s good news for Rovio, considering rumors are rife that the company will have an initial public offering sometime soon. Bloomberg reported that the Finnish game studio could raise $ 400 million […]
Rovio is targeting adults with its latest mobile game, Angry Birds Evolution, debuting today on iOS and Android. The free-to-play game is a Pokemon-like role-playing game. Pigs have invaded Bird Island, and you have to build a team of Angry Birds, based on the characters popularized by the Angry Birds Movie. There are 100 new […]
