MCV/DEVELOP News, events, research and jobs from the games industry
Korea-based free-to-play publisher Nexon has reported fourth quarter and full year financial results for its 2013 fiscal year, revealing a growth in revenue during both periods. Total revenue for 2013 went up 43 per cent to 155.3bn yen, while operating income was up 7 per cent to 50.7bn yen. Net …
Read More »Ubisoft quarterly earnings dip 35 per cent
Ubisoft reported earnings for the quarter ending December 31st, 2013 – revealing a significant year-over-year decline. The firm brought in €520m in sales during its Q3 period, a 35.2 per cent drop from the same quarter in 2012. Overall sales for the first three quarters of the company’s current fiscal …
Read More »Activision Blizzard reports quarterly revenue of $1.5bn
Activision Blizzard has announced better-than-expected earnings for its past quarter, reporting $1.5bn in revenue. Overall for last year, earnings were down slightly from $4.85bn in GAAP net revenue to $4.58bn – though the publisher still earned the top spot in console and handheld publishing in both North America and Europe. …
Read More »Microsoft ships 3.9m Xbox Ones
Microsoft has reported revenue of $24.52bn for the quarter ending on December 31st, 2013 – a 14 per cent increase in net sales fueled by what the firm described as a great” holiday period. Xbox hardware sold 7.4m consoles during the quarter. Xbox One’s output in terms of units shipped …
Read More »Majesco reports significant decline in annual revenue
Publisher Majesco Entertainment has absorbed major revenue drops from both Q4 and full year periods in its fiscal 2013. The company’s latest financial report reveals Q4 2013 revenue reached just $10.1m, down significantly from Q4 2012’s $26.6m. Majesco’s operating loss also rose to $4.5m, versus $3m during the same period …
Read More »NPD October: Overall growth led by Grand Theft Auto V, Pokemon X & Y
The NPD Group’s monthly US retail report has been released, showing overall growth for a third consecutive month thanks to the performances of the latest Grand Theft Auto and Pokemon titles. Total spend for October hit $791.1m, an increase of 5 per cent year-on year. The positive results is largely …
Read More »Ubisoft half-year financial results show revenue increase
Ubisoft has reported its half-year financial results, posting sales revenue of €293m for the period. The figure represents a five per cent year-over-year increase, with Q2 sales specifically showing an increase of 46.6 per cent and exceeding Ubisoft’s own expectations by €17m. Digital sales saw significant growth as well, up …
Read More »Microsoft reports record Q1 revenue
Microsoft has posted its first quarter financial results, reporting record revenue numbers for the period. The firm brought in $18.5bn in revenue for the three-month period ending on September 30th, a 16 per cent increase compared to the same period last year. Microsoft also saw overall net income of $5.24bn, …
Read More »Zynga reports small net loss, major revenue decline for Q3
Zynga has posted its latest quarterly earnings report, announcing a net loss of $68k on revenue of $203m – a 36 per cent decline from the same period last year. The social game company’s third quarter revenue was also down 12 per cent from the previous quarter, and daily active …
Read More »Sony doubles profit forecasts for past fiscal year
Sony has doubled its profits and operating income forecast for the fiscal year ended at the end of last month, thanks to the selling of assets and a deprecation of the yen over the past few months. Games Industry reports the corporation now predicts $403m for the period, up from …
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