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HELSINKI (Reuters) - Rovio Entertainment, the maker of the
10-year-old "Angry Birds" mobile game series, reported on
Wednesday a 48% drop in its quarterly profit year-on-year, due
to higher costs to obtain new players.
The Finnish company, which listed its shares last year and cut
its 2019 outlook on higher investment costs last month, said its
third-quarter operating profit was 5.4 million euros ($6.00
million), while sales grew 5.4% on year to 74.8 million euros.
(Reporting by Anne Kauranen; Editing by Himani Sarkar)
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