Understanding the Market | MOBVISTA opened nearly 15% higher after earnings, with third-quarter revenue exceeding $400 million and Mintegral's revenue growth accelerating
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After releasing its performance results, MOBVISTA's stock price opened nearly 15% higher, and as of the time of writing, it has risen 14.83% to HKD 5.73, with a trading volume of HKD 25.3094 million. The third-quarter revenue reached a new high of USD 416 million, a year-on-year increase of 54.6%; net income grew by 49.2% year-on-year to USD 109 million. The revenue of its Mintegral platform was USD 403 million, a year-on-year increase of 57.6%. China International Capital Corporation (CICC) has raised its revenue and net profit forecasts for 2024 and 2025, mainly benefiting from strong growth in gaming and e-commerce
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