GDEV announces results for the first quarter of 2025

LIMASSOL, Cyprus, May 16, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its financial and operational results for the first quarter ended March 31, 2025. First quarter 2025 financial highlights: Revenue of $97 million declined by 9% year-over-year.Selling and marketing expenses of$ 42 million declined by 33% year-over-year driven by a shift in our user acquisition strategy to focus on a higher margin audience.Game oper ...