February 16, 2017 / 6:43 AM / in 5 months

BRIEF-NetEnt Q4 operating profit beats forecasts

1 Min Read

Feb 16 (Reuters) - NetEnt

* Revenues for Q4 increased by 23.9 pct to SEK 400 (323) million

* Q4 operating profit amounted to SEK 156 (122) million

* Netent says for rest of 2017, we see conditions for continued solid growth supported by a strong pipeline of new games, growing market shares in uk, mobile growth, new customers to launch, as well as our expansion in north america

* Netent says we foresee higher costs and an ongoing need to invest during 2017

* Reuters poll: Netent Q4 revenues were seen at 407 million SEK, EBIT at 143 million SEK, dividend at SEK 1.62 per share Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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