GDEV Inc. (GDEV)
NASDAQ: GDEV · Real-Time Price · USD
11.94
+0.18 (1.53%)
Sep 10, 2026, 4:00 PM EDT - Market closed
GDEV Inc. Earnings Call Transcripts
Fiscal Year 2024
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Q3 2024 saw 5% sequential revenue growth to $111M, beating expectations but down 9% year-over-year due to lower bookings. Profitability remained solid despite higher marketing spend, with a focus on long-term product improvements and geographic expansion.
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Q2 2024 revenue declined 8% YoY to $106M, but net profit reached $15M and adjusted EBITDA rose slightly. In-app purchases remained stable, while advertising revenue and bookings dipped. Management expects growth in H2 2024, with a focus on product improvements and targeted user acquisition.