Nexters Inc. operates as a game development company worldwide. It also offers mobile games. The company is headquartered in Limassol, Cyprus.
IPO Year:
Exchange: NASDAQ
Website: nexters.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $6.00 | Outperform | Noble Capital Markets |
6/14/2024 | Perform | Oppenheimer | |
5/20/2024 | $4.40 | Overweight | Cantor Fitzgerald |
LIMASSOL, Cyprus, Nov. 14, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company") released its unaudited financial and operational results for the third quarter and first nine months ended September 30, 2024. GDEV CEO, Andrey Fadeev noted: "In Q3, despite industry pressure, we delivered sequential revenue growth. We also kept executing our strategy and moved forward with the transformation of our core products. The updates are rolling across our main franchises to elevate the game experience, adding new modern features to what players already love. We are not after quick wins - it's about innovating in a way that sets
LIMASSOL, Cyprus, Nov. 07, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces that it plans to release its financial results for the third quarter ended September 30, 2024 at 8:00 a.m. (Eastern Time) on Thursday, November 14, 2024. GDEV plans to host a conference call and webcast to discuss its results at 09:00 a.m. U.S. Eastern Time the same day. The press release, as well as supplementary slides will be available at gdev.inc. To participate in the conference call, please use this link. To listen to the audio webcast please follow this link.ABOUT GDEV GDEV is a gaming and entertainment holding company
LIMASSOL, Cyprus, Oct. 30, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces changes to its Board of Directors and executive leadership team as part of its ongoing strategy to enhance operational efficiency and support its global growth ambitions. Olga Loskutova, who has served as an Independent Director on GDEV's Board since 2022, will be stepping down from her position on the Board of Directors to assume the role of Chief Operating Officer (COO) of GDEV. Olga brings with her a wealth of experience in global business and general management, positioning her to provide management, leadership, and vision
LIMASSOL, Cyprus, Sept. 12, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces today that it has entered into a Sales Agreement (the "Sales Agreement") with Cantor Fitzgerald & Co. ("Cantor") and Oppenheimer & Co. Inc. ("Oppenheimer," and together with Cantor, the "Agents"), under which we may offer and sell, from time to time, 1,757,026 ordinary shares, no par value, of the Company, held in treasury (the "Shares"), through a designated Agent in an "at the market offering" (the "ATM Offering"), as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933. The Shares correspond to the ones pre
LIMASSOL, Cyprus, Sept. 04, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company") released its unaudited financial and operational results for the second quarter and first half-year ended June 30, 2024. GDEV CEO, Andrey Fadeev stated: "Over the past months, we've been refining our strategic vision, and now we're prepared to push forward with renewed confidence. Despite the temporary decline in some of our key operational and financial metrics, our ability to maintain a robust revenue mix between PC and mobile platforms — where PC has grown to 42% of our total bookings — underscores our adaptive strategy and resil
LIMASSOL, Cyprus, Aug. 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces that its financial results for the second quarter ended June 30, 2024 will be released at 8:00 a.m. (Eastern Time) on Wednesday, September 4, 2024. GDEV will host a conference call and webcast to discuss its results at 09:00 a.m. U.S. Eastern Time the same day. The press release, as well as supplementary slides will be available at gdev.inc. To listen to the audio webcast please follow this link. To participate in the conference call, please use the following details: US toll-free dial: +1 844-543-0451US local: +1 864-991
LIMASSOL, Cyprus, Aug. 21, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company") announced a one-for-ten (1:10) reverse share split of its ordinary shares, no par value per ordinary share (the "Reverse Share Split"). The Reverse Share Split will become effective at 4:01 p.m. Eastern Time on August 28, 2024 (the "Effective Date"). The Company's ordinary shares will begin trading on a split-adjusted basis when the Nasdaq Global Market ("Nasdaq") opens for trading on Thursday, August 29, 2024 (i.e., the first trading day following the Effective Date) under the existing trading symbol "GDEV," but the ordinary shares will t
LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company") released its preliminary unaudited financial and operational results for the first quarter ended March 31, 2024. Financial highlights: First quarter 2024: Revenue of $107 million decreased by 10% year-over-year.Bookings of $109 million increased by 4% year-over-year.Loss for the period of $1 million in Q1 2024 vs. loss of $8 million in Q1 2023.Adjusted EBITDA of negative $3 million in the first quarter 2024 compared to negative $12 million in the first quarter of 2023. GDEV CEO, Andrey Fadeev stated: "The first quarter results highligh
LIMASSOL, Cyprus, May 22, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces that its financial results for the first quarter ended March 31, 2024 will be released at 4:00 p.m. (Eastern Time) on Tuesday, May 28, 2024. The press release, as well as supplementary slides will be available at gdev.inc. To listen to the audio webcast please follow this link. About GDEVGDEV is a hub of gaming studios, focused on development and growth of its franchise portfolio across various genres and platforms. With a diverse range of subsidiaries including Nexters and Cubic Games among others, GDEV strives to create games
LIMASSOL, Cyprus, April 09, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces the successful launch of the iconic mobile title Pixel Gun 3D on PC platform. The game was launched on Steam April 2, entering on debut the Top 20 most sold and Top 50 most played games.The peak concurrent Steam users count reached 25,000 players on the first day of release.The Steam version of Pixel Gun 3D recouped its PC platform development costs within the first day of release, making 5 times the average daily in-app purchases of the mobile version.The results were achieved without significant marketing investments, capi
Noble Capital Markets initiated coverage of GDEV Inc. with a rating of Outperform and set a new price target of $6.00
Oppenheimer initiated coverage of GDEV Inc. with a rating of Perform
Cantor Fitzgerald initiated coverage of GDEV Inc. with a rating of Overweight and set a new price target of $4.40
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LIMASSOL, Cyprus, Oct. 30, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces changes to its Board of Directors and executive leadership team as part of its ongoing strategy to enhance operational efficiency and support its global growth ambitions. Olga Loskutova, who has served as an Independent Director on GDEV's Board since 2022, will be stepping down from her position on the Board of Directors to assume the role of Chief Operating Officer (COO) of GDEV. Olga brings with her a wealth of experience in global business and general management, positioning her to provide management, leadership, and vision
LIMASSOL, Cyprus, April 09, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces the successful launch of the iconic mobile title Pixel Gun 3D on PC platform. The game was launched on Steam April 2, entering on debut the Top 20 most sold and Top 50 most played games.The peak concurrent Steam users count reached 25,000 players on the first day of release.The Steam version of Pixel Gun 3D recouped its PC platform development costs within the first day of release, making 5 times the average daily in-app purchases of the mobile version.The results were achieved without significant marketing investments, capi
Limassol, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces the planned release of Pixel Gun 3D on Steam in Q1 2024. The PC version of Pixel Gun 3D is developed by GDEV's subsidiary, Cubic Games, in partnership with Samustai, who have a proven track record in porting games to PC and Console platforms. The game is expected to be launched on Steam in the first quarter of 2024 and as of today, around 200,000 fans have already added Pixel Gun 3D to their wishlists. The mobile version of this iconic title celebrated its 10th anniversary in May 2023, during which time it has accumulated
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LIMASSOL, Cyprus, Nov. 07, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces that it plans to release its financial results for the third quarter ended September 30, 2024 at 8:00 a.m. (Eastern Time) on Thursday, November 14, 2024. GDEV plans to host a conference call and webcast to discuss its results at 09:00 a.m. U.S. Eastern Time the same day. The press release, as well as supplementary slides will be available at gdev.inc. To participate in the conference call, please use this link. To listen to the audio webcast please follow this link.ABOUT GDEV GDEV is a gaming and entertainment holding company
LIMASSOL, Cyprus, Sept. 04, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company") released its unaudited financial and operational results for the second quarter and first half-year ended June 30, 2024. GDEV CEO, Andrey Fadeev stated: "Over the past months, we've been refining our strategic vision, and now we're prepared to push forward with renewed confidence. Despite the temporary decline in some of our key operational and financial metrics, our ability to maintain a robust revenue mix between PC and mobile platforms — where PC has grown to 42% of our total bookings — underscores our adaptive strategy and resil
LIMASSOL, Cyprus, Aug. 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), announces that its financial results for the second quarter ended June 30, 2024 will be released at 8:00 a.m. (Eastern Time) on Wednesday, September 4, 2024. GDEV will host a conference call and webcast to discuss its results at 09:00 a.m. U.S. Eastern Time the same day. The press release, as well as supplementary slides will be available at gdev.inc. To listen to the audio webcast please follow this link. To participate in the conference call, please use the following details: US toll-free dial: +1 844-543-0451US local: +1 864-991
LIMASSOL, Cyprus, Jan. 27, 2022 (GLOBE NEWSWIRE) -- An international gaming company Nexters Inc. (NASDAQ:GDEV) announced its first-ever series of acquisition and investment deals as a publicly traded company in relation to Cubic Games, RJ Games, and Royal Ark. With a total upfront investment of around $100 million, Nexters will bring the world's No. 3 mobile first-person shooter Pixel Gun 3D and other titles within its product offering, amplifying Nexters' position in midcore, the leading segment of mobile gaming. Through the allocated funding and its expertise in midcore, Nexters aims to propel the companies' future growth on the international markets. All transactions are expected to be
LIMASSOL, Cyprus, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ:GDEV) an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced that its financial results for the third quarter and nine months ended September 30, 2021 will be released on Wednesday, November 17, 2021. Nexters will host a conference call and webcast to discuss its results at 09:00 a.m. U.S. Eastern Time (5:00 p.m. Moscow time, 2:00 p.m. London time) the same day. We recommend to use the dial-in option only if you would like to ask questions. In this case please dial in at least 15 minutes prior to the call start time and clearly s
LIMASSOL, Cyprus, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ:GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced its unaudited financial and operational results for the first half year and second quarter ended June 30, 2021. First Half And Second Quarter 2021 Highlights Record high bookings of $268 million for H1 2021 and $154 million for Q2 2021, with 40% YoY growth in Q2Record high quarterly revenues in Q2 2021 of $110 million, up 73% YoYRecord high monthly paying users of 395 thousand in Q2 2021, with 43% YoY growthRecord high daily active users of 1.2 million in Q2 2021, with 35
Oppenheimer analyst Martin Yang initiates coverage on GDEV (NASDAQ:GDEV) with a Perform rating.
GDEV (NASDAQ:GDEV) reported $107.00 million in sales this quarter. This is a 10.08 percent decrease over sales of $119.00 million the same period last year.
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The number of shares that the Company has accepted for purchase in the tender offer represents approximately 8.4% of the total number of issued ordinary shares of the Company outstanding as of the commencement of the tender offer on December 19, 2023.The Company will have approximately 181 million shares outstanding immediately following payment for the shares purchased in the tender offer.
GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), today issued a clarifying statement regarding its former director and current minority shareholder, Ivan Tavrin.On December 12, 2023, the U.S. Department of Treasury's Office of Foreign Assets Control added Ivan Tavrin to its Specially Designated Nationals and Blocked Persons List ("SDN List") pursuant to Executive Order 14024. Based on information reported in a Schedule 13G filed on February 15, 2023, Ivan Tavrin holds sole voting power over the Company's ordinary shares held by Kismet Sponsor Limited (11,750,000 ordinary shares), constituting 5.9% of all outstanding shares of the Company.G
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