Redeye: G5 Entertainment - Broadening its Portfolio
Redeye leaves its valuation range and estimates roughly unchanged following broadly in-line 4Q’19 results. We expect the monetization metrics of rising star “Jewels of Rome” to be in good shape due to high monthly growth in the game following major User Acquisition investments, whereas the company confirms that pipeline investments may continue to compromise margins in 2020.
Read more and download the research update by Tomas Otterbeck: http://bit.ly/2P6HzKA
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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/