TALLINN: The Finnish maker of Angry Birds games cut its 2019 earnings outlook on Thursday due to lower-than-expected revenue from brand licensing and from older games, wiping off a quarter of the value of Rovio Entertainment's share price.
Rovio, whose Angry Birds celebrate their 10th anniversary this year, said it would boost investment in promoting new games.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!