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Nitro Games - Back to business-to-business

2023-02-14 10:36:00

Redeye provides an update following Nitro Games Q4 2022 report. 2022 was a turbulent year for Nitro as Snap Inc. discontinued its games business. Redeye has lowered the near-term profitability following the recent development and made downward revisions to our estimates, thus leading to a slightly lower valuation.

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This is a press release from Redeye - Research Powered Investment Banking.