Funcom revenues slump

Age of Conan publisher Funcom has reported a bad set of financials for its fiscal Q3, with revenues falling 68.5 per cent year-on-year to reach $5.7m.

In total Funcom’s losses hit $9.6m for the period. In Q3 last year it recorded a profit of $3.3m. The drops were blamed on both declining revenues from Anarchy Online, as well as the fact that Age of Conan was released in the comparable period last year.

Its year-to-date numbers show that revenue has declined from $31.3m to $20m.

There’s plenty more information from the report over on CasualGaming.biz.

About MCV Staff

Check Also

NetEase acquires No More Heroes studio Grasshopper Manufacture

"When talking with NetEase about 'developing more unique console games together', we resonated. After a lot of thoughts, we've unanimously decided to 'get together' in the long term through deeper cooperation to create more good content for gamers."