Nexters announces quarterly results and board changes for 2022

Gaming company Nexters announced its Q1 results today, as well as upcoming changes to the board of directors. Certain members will be stepping down from the board, “in the interest of Nexters’ further international development.”

The Cyprus-based company reports that it has seen $126 million in its quarterly revenues, which is a 45% year-on-year growth. The company went public last year through a SPAC with a $1.9 billion valuation, and acquired three mobile gaming companies in January. However, its trading on Nasdaq was suspended earlier this year. In June, Nexters laid off 235 employees across various countries.