Flexion Mobile: Fast Uptick in Revenues from new Games - Redeye

Flexion reported revenues above Redeye’s expectations. It was somewhat uncertain to us if the more significant revenue boost from the newly launched top games would come in Q1 or Q2, which made us take a more conservative approach. It is also a strong sign that gross profit increased 78% year-over-year more than the revenue which increased by 61%.

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