Swedish online casino games developer NetEnt has released its interim financial results for the third quarter showing a 27.7% increase year-on-year in total revenues to $40.07 million while its operating profit improved by 22.9% to reach $14.51 million.
NetEnt revealed that it signed eleven customer agreements and helped to launch eight new client online casinos during the three months to the end of September while its operating margin for the period dropped by 1.4% year-on-year to stand at 36.2%.
In addition, the firm reported a third-quarter profit after tax of $13.36 million, which was a boost of 22.2% when compared to the same period in 2015, while its cash and equivalents swelled by 30.3% to hit $46.28 million.
