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G5 Entertainment: High Growth in Match 3 - Redeye

The year-over-year growth rate (22% vs 22%) and EBIT margin (18% vs 19%) were in line with our estimates during the quarter. However, the weak dollar compared with the Swedish Krona had a negative impact. The new generation of games, mostly in the Match 3 genre is now the largest segment of total revenue (43%) and grew almost 200% year-over-year.

The year-over-year growth rate (22% vs 22%) and EBIT margin (18% vs 19%) were in line with our estimates during the quarter. However, the weak dollar compared with the Swedish Krona had a negative impact. The new generation of games, mostly in the Match 3 genre is now the largest segment of total revenue (43%) and grew almost 200% year-over-year.
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