Nexters

Nexters, Inc. is an emerging growth company engages the development and publishing of video games. It offers Hero Wars, Island Experiment, Throne Rush, and others. The company was founded by Andrey Fadeev and Boris Gertsovsky in 2010 and is headquartered in Limassol, Cyprus.

Earnings data Q3 2023

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GDEV, Inc. is an emerging growth company engaged in the development and publishing of video games. It offers Hero Wars, Island Experiment, Throne Rush, and others. The company was founded by Andrey Fadeev and Boris Gertsovsky in 2010 and is headquartered in Limassol, Cyprus.

LIMASSOL, Cyprus, March 19, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2023. Financial highlights: Fourth quarter 2023: Revenue of $109 million increased by 10% year-over-year.

GDEV announces preliminary unaudited results for the fourth quarter and full year 2023

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GDEV announces final results of previously announced self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

Limassol, Cyprus, Dec. 19, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced the commencement of a tender offer by the Company to purchase for cash a minimum of 15,000,000 of its ordinary shares, no par value per ordinary share (each, a “share”) (the “Minimum Tender Condition”), up to a maximum of 20,000,000 shares, at a purchase price of $2.00 per share, net to the seller in cash, without interest, less any applicable withholding taxes, using funds available from cash and cash equivalents. The tender offer, proration period and withdrawal rights will expire at 5:00 p.m., Eastern Time, on January 18, 2024, unless the tender offer is extended (such date and time, as it may be extended, the “Expiration Time”). The board of directors of the Company (the “Board of Directors”) determined that the tender offer is a prudent use of the Company's financial resources given its current capitalization, cash balance and operational business profile, and that the tender offer presents an appropriate balance between meeting the needs of its business and delivering value to the Company's shareholders. The Board of Directors also determined that a cash tender offer is an appropriate mechanism to return capital to shareholders that seek liquidity under current market conditions while, at the same time, allowing shareholders to share in a higher portion of the Company's future potential.

GDEV announces commencement of self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

Limassol, Cyprus, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and nine months ended September 30, 2023.

GDEV Announces Results for Third Quarter and First Nine Months of 2023

LIMASSOL, CYPRUS, Oct. 27, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the global release of its game Island Hoppers (formerly known as Island Questaway) following the successful completion of its soft launch. During the soft launch period that started in November 2021, the game exhibited remarkable growth, accumulating over $30 million in bookings and more than 12 million downloads worldwide. It already placed 7th in the Farming games category by revenue and is now ranked 5th in terms of downloads1.

GDEV Announces Global Release Of Its Casual Game Island Hoppers

Limassol, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the planned release of Pixel Gun 3D on Steam in Q1 2024.

Pixel Gun 3D to Debut on PC in Q1 2024

Limassol, Cyprus, Sept. 22, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples of the company's strategic resilience in 2022 and committing to carbon neutrality by 2030 across its Scope 2 emissions.

GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

LIMASSOL, CYPRUS, Aug. 28, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the second quarter and first half of the year ended June 30, 2023.

GDEV announces results for the second quarter and first half of 2023

GDEV Inc. reported positive FCF and double-digit growth in paying users and active users. Further expansion into new territories and development or acquisition of new video games could drive future FCF growth. GDEV appears undervalued, but there are risks from failed monetization or problems with advertising platforms.

GDEV Appears Cheap With Hero Wars Game And FCF Growth

Limassol, Cyprus, June 26, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its audited financial and operational results for the fourth quarter and full year ended December 31, 2022.

GDEV announces results for the fourth quarter and full year 2022

LIMASSOL, CYPRUS., June 22, 2023 (GLOBE NEWSWIRE) -- International game development company Nexters Inc. (Nasdaq: GDEV) announces that on June 21, 2023, it has changed its name to GDEV Inc. to reflect its evolution as a holding company focused on the growth of its diversified portfolio of studios and franchises. Nexters Global, as a studio, will remain a 100% owned subsidiary of the GDEV holding.

Nexters Inc. evolves into gaming and entertainment holding company, GDEV Inc.

Limassol, Cyprus, April 04, 2023 (GLOBE NEWSWIRE) -- An international game development company Nexters Inc. (NASDAQ: GDEV), today released the results of its research exploring gamers' attitudes towards Non-Core GamePlay advertising.

Nexters Presents Its Research: Almost 50% Of Gamers Tolerate Non-Core GamePlay Ads Research

Limassol, Cyprus, April 04, 2023 (GLOBE NEWSWIRE) -- An international game development company Nexters Inc. (NASDAQ: GDEV), today released the results of its research exploring gamers' attitudes toward Non-core GamePlay Ads.

Nexters Presents Its Research: Almost 50% Of Gamers Tolerate Non-core GamePlay Ads Research

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Gaming company Nexters today announced changes to its board of directors, including the departure of its Chairman.

Nexters announces quarterly results and board changes for 2022

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The Russian stock market partially reopened today, but the trading of a number of Russian stocks remains halted in the U.S. The post GDEV, HHR, OZON, QIWI, YNDX: Can You Trade Russian Stocks on the Nasdaq? appeared first on InvestorPlace.

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LIMASSOL, Cyprus, Jan. 27, 2022 (GLOBE NEWSWIRE) -- An international gaming company Nexters Inc. (Nasdaq: GDEV) announced its first-ever series of acquisition and investment deals as a publicly traded company in relation to Cubic Games, RJ Games, and Royal Ark. With a total upfront investment of around $100 million, Nexters will bring the world's No. 3 mobile first-person shooter Pixel Gun 3D and other titles within its product offering, amplifying Nexters' position in midcore, the leading segment of mobile gaming. Through the allocated funding and its expertise in midcore, Nexters aims to propel the companies' future growth on the international markets. All transactions are expected to be financed by a mix of Nexters' cash on balance and a new share issuance1.

Nexters enters agreements to acquire three gaming companies investing $100 million to expand in midcore genres

Nexters Inc. (GDEV) CEO Andrey Fadeev on Q3 2021 Results - Earnings Call Transcript

LIMASSOL, Cyprus, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced its unaudited financial and operational results for the third quarter of 2021.

Nexters Continues to Demonstrate Substantial Growth in Q3 2021

LIMASSOL, Cyprus., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Nexters (Nasdaq: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, released a web version of its Throne Rush game at https://throne-rush.com to further diversify on different platforms with the aim to decrease the blended platform commission.

Nexters strengthens its platform diversification with Throne Rush web release

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Best Of Seeking Alpha Blog Posts Newsletter: Nexters Is A Contrarian Buying Opportunity Trading Below Its SPAC Merger Price

Nexters Inc (NASDAQ: GDEV) announced an agreement with Czech manufacturer STV Group on October 7 for the local supply and certification of shells and modular charges, Shepherd Media reports. The companies inked the pact on September 20.

Nexters Signs Collaboration With Czech Manufacturer STV Group

The stock price of Nexters Inc. (NASDAQ: GDEV) increased by over 2% during intraday trading. This is why it happened.

GDEV Stock: Why It Increased Today

Nexters Boost program is the first public step in the company's broader M&A strategy based on sharing expertise and investment to consolidate the gaming industry Nexters Boost program is the first public step in the company's broader M&A strategy based on sharing expertise and investment to consolidate the gaming industry

Nexters to Boost Independent Game Developers

Game development company Nexters Inc (NASDAQ: GDEV) reported second-quarter FY21 revenue growth of 73% year-on-year to $110 million. The quarterly bookings rose 40% Y/Y to $154 million.

News for Nexters Stock (GDEV)