Angry Birds maker Rovio's profit plummets burdened by Hatch
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HELSINKI (Reuters) - Rovio Entertainment , the maker of the 10-year-old "Angry Birds" mobile game series, reported on Wednesday a 96% drop in its quarterly profit year-on-year, burdened by its 5G gaming platform Hatch and increased user acquisition costs.The Finnish company, which listed its shares in 2018 and cut its 2019 outlook on higher investment costs in September, said its fourth-quarter adjusted operating profit declined to 0.2 million euros from 5.3 million a year earlier, while sales..