DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Maciej Hebda - 1 Huuuge - 1 Hebda - 1 Maria Gieldon - 1 Jason Neely - 1 Emelia - 1
Top related locs:
Polish Gdansk
Top related orgs:
Steam - 1 Thomson - 1

Search resuls for: "Huuuge"


4 mentions found


☆ Huuuge plans to release first PC games in H2
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +1 min
May 31 (Reuters) - Polish mobile games developer Huuuge (HUGP.WA) plans to release its first PC games on the Steam platform in the second half of the year, Deputy CEO Maciej Hebda said on Wednesday. Steam is the biggest distributor of PC-based video games. Huuuge also plans to release in the second half of this year browser versions of two flagship titles, "Huuuge Casino" and "Billionaire Casino". In the first quarter, "Huuuge Casino" and "Billionaire Casino" were responsible for generating as much as 95% of the group's revenue. Reporting by Maria Gieldon in Gdansk; editing by Jason Neely and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Maciej Hebda, Huuuge, Hebda, Maria Gieldon, Jason Neely, Emelia Organizations: Steam, Thomson Locations: Polish, Gdansk
☆ Ten Square Games to cut jobs as inflation bites
  + stars: | 2023-03-29 | by ( ) www.reuters.com   time to read: +1 min
GDANSK, March 29 (Reuters) - Polish mobile games maker Ten Square Games (TENP.WA) plans to cut jobs, Chief Financial Officer Magdalena Jurewicz said on Wednesday, citing rising inflation and a difficult environment for the gaming sector in the country. Shares in the company slid 13.5% on the news, which comes a day after Ten Square Games reported a 63% fall in net profit for last year due to a post-pandemic exodus of players. "We have a new game from Gamesture, that will appear in the coming months. The technical launch is already underway (...) we will be testing this game and Gamesture wants to add new games to its portfolio in the coming months," he added. Reporting by Mateusz Rabiega and Karolina Komada; Editing by Jan Harvey and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
☆ Mobile games developer Huuuge says has $24.2 mln at SVB
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: +1 min
March 13 (Reuters) - Mobile games developer Huuuge Inc (HUGP.WA) said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank (SVB), adding it has sufficient resources to meet cash requirements for the foreseeable future. U.S.-registered Huuuge said it had about $237 million of cash and securities as of March 10 and about $24.2 million of that was held at SVB. The Warsaw-listed company known for its social casino games said the remaining balance of its cash and cash equivalents is held across "several large reputable financial institutions". The recovery of the funds will be subject to the FDIC (Federal Deposit Insurance Corporation) process and the Issuer is unable to determine the exact timing and the extent to which the assets held at SVB can be recovered," Huuuge said. Reporting by Anna Pruchnicka; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
☆ Mobile games developer Huuuge stock leaps on buyback plans
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +1 min
Feb 16 (Reuters) - Mobile games developer Huuuge Inc (HUGP.WA) plans to launch an up to $150 million share buyback this quarter following a review of strategic options, it said late on Wednesday, sending the stock sharply higher at the market opening. U.S.-registered Huuuge, which debuted in Warsaw in 2021, launched the review of strategic options in August and shortly afterwards suspended an earlier buyback. It said could still postpone or cancel the new buyback depending on market conditions and the company's circumstances. Huuuge has yet to disclose price details of the buyback. Last week, the maker of Huuuge Casino and Billionaire Casino games reported preliminary core profit up 28% to $82 million following lower marketing spend.
0 next >>
Total: 4