Tag Archives: Fredirik Burvall

Cherry AB suffers Q1 2015 earnings decline

Reporting on its opening Q1 2015 quarter (period ending 31 March) European igaming operator Cherry AB has recorded its ninth consecutive earnings quarter loss, despite seeing improved gaming revenues of SEK 95 million (£7.3 million) 31% on Q1 2014 SEK 73 million. Despite delivering improved revenues the Malta based operator reported EBITDA earnings of SEK -4.5 million (£350,000) for the …

Read More »