Entries in 'financial' (104)

Xbox sales up year-on-year

Xbox sales up year-on-year

Whilst the overall picture for Microsoft is yet again one of declining revenues and income, its Entertainment & Devices Division – which houses its Xbox operations – has reported its ...

Ben Parfitt
by Ben Parfitt
on Jul 24th 2009 at 10:46AM in News
Nokia and Sony Ericsson report grim results

Nokia and Sony Ericsson report grim results

Two of the biggest mobile phone firms foolish enough not to have invented the iPhone have delivered very bad news this morning, with both Nokia and Sony Ericsson suffering declines ...

Ben Parfitt
by Ben Parfitt
on Jul 16th 2009 at 2:39PM in News
Tesco’s UK sales up 4.3 per cent

Tesco’s UK sales up 4.3 per cent

The UK’s biggest retailer Tesco has posted another strong set of numbers for the 13 weeks ending May 30th 2009 that show both domestic and international growth.

Ben Parfitt
by Ben Parfitt
on Jun 16th 2009 at 11:54AM in News
Sony hit by $1bn annual losses

Sony hit by $1bn annual losses

PlayStation platform holder Sony has reported losses of $1.04bn for the year ending March 31st – a stark dip compared to the $3.7bn profit seen in the same period in ...

Ben Parfitt
by Ben Parfitt
on May 14th 2009 at 10:50AM in News

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THQ annual losses sink to $431 million

THQ annual losses sink to $431 million

THQ reported an annual net loss of $431 million, a considerable drop from its $35 million loss the year prior.

by Mary Jane Irwin
on May 7th 2009 at 9:17AM in News
Annual EA losses pass $1bn

Annual EA losses pass $1bn

North American based publisher EA has reported a GAAP net loss of $1.088bn for the year ending March 31st 2009 – an increase of over 100 per cent compared to ...

Ben Parfitt
by Ben Parfitt
on May 6th 2009 at 10:32AM in News
Analysts pin EA sales at $631.9m

Analysts pin EA sales at $631.9m

A Thomson Reuters poll has revealed that analysts expect EA will later today post sales of some $631.9 million.

by Rob Crossley
on May 5th 2009 at 11:09AM in News
HMV like-for-like sales climb 1.9%

HMV like-for-like sales climb 1.9%

Entertainment chain HMV is projecting fiscal year profits will meet high-end  market expectations, as annual and quarterly sales saw encouraging gains.

by Rob Crossley
on Apr 29th 2009 at 10:20AM in News

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Budget 2009: Govt has ‘failed to back the games industry’

Budget 2009: Govt has ‘failed to back the games industry’

Games industry group Tiga has slammed the Labour government for “failing again to back one of the principal creative industries of the future.”

by Rob Crossley
on Apr 22nd 2009 at 5:50PM in News
Budget 2009: Tiga’s demands

Budget 2009: Tiga’s demands

Game interest group Tiga has called on the government to introduce a set of schemes in the forthcoming budget that could aid the game development sector.

by Rob Crossley
on Apr 21st 2009 at 9:23AM in News
Activision Blizzard earnings ahead of expectations

Activision Blizzard earnings ahead of expectations

Ahead of the release of its upcoming quarterly report, publisher Activision Blizzard has said that net revenues are likely to be in excess of the $860m it had previously predicted.

Ben Parfitt
by Ben Parfitt
on Apr 16th 2009 at 3:23PM in News
Argos sales better than expected

Argos sales better than expected

Catalogue retail specialist Argos has posted sales figures above what most were expecting, stating that whilst the year ahead will be tough it expects to maintain a strong position on ...
Ben Parfitt
by Ben Parfitt
on Mar 12th 2009 at 11:18AM in News

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Take 2 posts $50m Q1 loss

Take 2 posts $50m Q1 loss

Publisher Take Two has revealed that it has suffered a year-on-year increase in losses, following a $50.4m loss in its fiscal Q1 – up from the $38m loss suffered in ...
Ben Parfitt
by Ben Parfitt
on Mar 11th 2009 at 9:36AM in News
Funcom CFO steps down after Q4 loss

Funcom CFO steps down after Q4 loss

Funcom’s chief financial officer Olav Sandnes has stood down from his position at the MMO to take up a role in a different sector publisher following the firm’s confirmation of ...
Ben Parfitt
by Ben Parfitt
on Feb 23rd 2009 at 4:06PM in News
GameStop enjoys growth in 2008

GameStop enjoys growth in 2008

Leading US video games retailer GameStop has announced strong results for its 2008 fiscal year – and it predicts that it will see the same again in 2009.

Ben Parfitt
by Ben Parfitt
on Feb 19th 2009 at 4:48PM in News
SouthPeak revenues and income jump

SouthPeak revenues and income jump

North American publisher SouthPeak has announced the results for its fiscal quarter ending December 31st, showing revenues of $17.3m – a rise of 76 per cent from $4.2m in the ...

Ben Parfitt
by Ben Parfitt
on Feb 19th 2009 at 2:27PM in News

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NCsoft profits fall in 2008

NCsoft profits fall in 2008

Korean MMO specialist NCsoft has recorded a fall in both operating profit and net profit for its 2008 fiscal year, though its results for the final quarter of the year ...
Ben Parfitt
by Ben Parfitt
on Feb 16th 2009 at 1:46PM in News
Nvidia reports large losses

Nvidia reports large losses

Graphics chips vendor Nvidia’s results for fiscal Q4 revealed a $147.7 million net loss, while for the year as a whole the firm made a loss of £30 million.

Ben Parfitt
by Ben Parfitt
on Feb 11th 2009 at 2:53PM in News
Sega confirms job losses after $119m loss

Sega confirms job losses after $119m loss

Sega Sammy Holdings has revealed a net loss of YEN 10.8bn, around $119m, for the nine months ending December 31st 2008 – an improvement of around 33 per cent compared ...
Ben Parfitt
by Ben Parfitt
on Feb 10th 2009 at 11:33AM in News
Games give Warner a boost

Games give Warner a boost

Ahead of what it hopes will be its defining year in the games industry, US media giant Warner has named gaming as the one bright spark in its otherwise dreadful ...
Ben Parfitt
by Ben Parfitt
on Feb 5th 2009 at 1:16PM in News
THQ appoints new CFO

THQ appoints new CFO

THQ has named Paul Pucino as its new chief financial officer and executive vice president.

James Batchelor
by James Batchelor
on Feb 5th 2009 at 10:57AM in News
Farrell: We will take strong action

Farrell: We will take strong action

Following THQ's latest financial filing, Brian Farrell, the chairman, president and CEO of THQ, has stated that his firm is to both aggressively cut costs and place a stronger ...
Ben Parfitt
by Ben Parfitt
on Feb 5th 2009 at 10:38AM in News
Capcom income drops 95% year-to-date

Capcom income drops 95% year-to-date

Japanese publisher and developer Capcom has revealed that net income for the nine months ending December 31st 2008 fell a massive 95 per cent to YEN 179m, down from the ...
Ben Parfitt
by Ben Parfitt
on Feb 5th 2009 at 10:07AM in News
Disney Interactive sees losses despite revenue hike

Disney Interactive sees losses despite revenue hike

Disney Interactive Media has reported a 13 per cent increase in revenue for the quarter ending December 31st 2008, but has nonetheless suffered a loss for period.

Ben Parfitt
by Ben Parfitt
on Feb 4th 2009 at 2:45PM in News
EA: More job cuts coming as Q3 losses reach $641m

EA: More job cuts coming as Q3 losses reach $641m

North American publisher EA has announced that it suffered losses totalling $641m for the three months ending December 31st 2008 – this compares to losses of $33m in the same ...
Ben Parfitt
by Ben Parfitt
on Feb 4th 2009 at 9:49AM in News