King Reports First Quarter 2015 Results
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Go back to King Reports First Quarter 2015 Results
May 15, 2015 7:09 AM EDT
Deutsche Bank maintain a Hold rating on King Digital Entertainment (NYSE: KING) and lowered the price target to $16.00 (from $21.00) following 1Q results. KING reported bookings of $605 , 3% above Deutsche Bank estimates. EBITDA was reported at $205, topping estimates by 11%. However, Analyst Lloyd Walmsley believes that without clear success from... More
May 14, 2015 4:03 PM EDT
King Digital Entertainment (NYSE: KING) reported Q1 EPS of $0.61, $0.08 better than the analyst estimate of $0.53. Revenue for the quarter came in at $569.5 million versus the consensus estimate of $565.2 million.
Monetization
Monthly Unique Payers (MUPs) in first quarter 2015 were 8.523 million, up 179,000, or 2%, from fourth quarter 2014, and down 3.336 million, or 28%, from first...
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