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Rovio Swings to Operating Loss of 2015; Peers Glu Mobile (GLUU), Zynga (ZNGA) on Watch Amid Results

April 6, 2016 6:22 AM EDT

Glu Mobile (Nasdaq: GLUU) and Zynga (Nasdaq: ZNGA) are on watch Wednesday following quarterly results from peer Rovio.

Rovio reported revenue of €142 million for FY15 and an adjusted operating loss of €13 million. Revenue from games rose slightly to €114 million.

For 2014, revenue came in at €158 million, while the company also posted a profit of €10 million.

Both Glu Mobile and Zynga are positive in early trading.



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