Tag: Rovio Entertainment

Rovio shares lifted as ‘Angry Birds 2’ sales fly higher

HELSINKI, Finland (AFP) — Finnish game maker Rovio Entertainment on Friday said sales of the sequel to its flagship Angry Birds game hit a new record as the group’s profit and revenue in the second quarter beat analyst’s expectations. From April to June, Angry Birds 2 generated revenue of 29.7 million euros ($33.8 million), exceeding by 38 percent its previous record set the first quarter. Rovio’s net profit for the quarter came in at 5.2 […]

Country legend Kenny Rogers cuts short farewell tour

NEW YORK, United States (AFP) — Country legend Kenny Rogers on Wednesday scrapped the final dates on what he has billed as a farewell tour, citing unspecified health concerns. The 79-year-old singer, best known for the hits “Lady” and “The Gambler,” has been “working through a series of health challenges,” his management said in a statement. “His doctors fully expect the outcome to be great, but they have advised him to cancel all performances through […]

Angry Birds maker posts loss despite jump in sales

HELSINKI, Finland (AFP) — Finland’s Rovio Entertainment, creator of the popular smartphone game Angry Birds, on Thursday posted a loss for the third quarter despite rising sales, as it increased its investments with a view to boost its winnings in future. Sales reached 70.7 million euros (nearly $84 million) in the third quarter compared to 50 million the previous year, but year-on-year the company lost 800,000 euros. Rovio posted a profit of 3.9 million euros […]