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Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEO

Nazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step down as CEO. Raymond A. Stauffer will take over as the new chief executive officer. Nazara also revised terms for its acquisition of Bluetile Games and BestPlay. The gaming firm raised funds earlier this year to support its acquisition strategy.

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Economic TimesLean R·2h ago
Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEO
Nazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step down as CEO. Raymond A. Stauffer will take over as the new chief executive officer. Nazara also revised terms for its acquisition of Bluetile Games and BestPlay. The gaming firm raised funds earlier this year to support its acquisition strategy.
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Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEO

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