Redeye: Good growth momentum in Nitro Games

Nitro Games revenue of EUR 0.52 million in Q4 was in line with our estimates. We look at the KPIs that were communicated in the report and compare it to industry standards. (ROAS) Return On Advertising Spend is positive but monetization could be better in the game "Medals of War". We have increased our revenue estimate 10% in 2018. Read more and download the Research Update:

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