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Onsdag 28 Oktober | 17:15:56 Europe / Stockholm

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Redeye

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Gaming Innovation Group - Fueled by the Online Shift

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Gaming Innovation Group - Fueled by the Online Shift

2020-11-12 08:00:00

Redeye increases the fair value of GiG on the back of a stabile quarter, where the customer intake triumphed higher costs. The company signed six new agreements for Platform Services in the third quarter, and the positive development seems to continue in the fourth quarter. The OPEX came in higher than estimated, but we expect it to decrease in the coming quarters. Meanwhile, GiG saw a breakthrough for the Media Services in the US. As a result, we continue to see a considerable upside in the stock.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/