Mobile Game Makers Active; Rovio Reports 8.8% Drop in Revenue for 2014 (ZNGA) (GLUU)

Zynga (Nasdaq: ZNGA), Glu Mobile (Nasdaq: GLUU), and King Entertainment (NYSE: KING) are lower Thursday following annual results from Angry Birds company, Rovio.

Despite a tick higher in games and media, overall revenue for Rovio slipped 8.8 percent to €158.3 million. EBITDA moved from €39 million down to €17 million and EBIT from €36.5 million to €10 million.

Zynga, King, and Glu Mobile are all negative Thursday despite increased gaming revenue for Rovio.

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