Tag Archives: fiscal

Revenues rocket at Atari

After what has been a very turbulent time for the publisher, Atari has this morning got reason to cheer with news that revenues for its fiscal Q1 are up 30 per cent year. Both Chronicles of Riddick: Dark Athena and the 1m+ selling Ghostbusters were credited for the upturn. 83.5 …

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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 second year of profitability, validating the huge outlays the tech firm invested into its long term games strategy.

 In the …

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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. THQ Chief Executive Brian Farrell opened the company’s earnings conference call on Wednesday by stating it had been a disappointing year for the California-based publisher. Sales sunk to reach $830 …

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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 the $454m loss in the same period the year before. Revenue for the period hit $4.212bn, up 15 per cent …

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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. The surveyed group are also expecting a loss of 43 cents per share on those sales figures. Wedbush Morgan analyst Michael Pachter, in a note to investors, was upbeat about EA’s …

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iPhone lifts Apple profits

Apple posted unexpectedly successful quarterly results yesterday in the face of tight economic times. Net profit had reached $1.21bn during the quarter; a notable rise from the $1.05bn attained in the same three-month period last year. Sales were also uncharacteristically up for a sector looking down, jumping 8.7 per cent …

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GAME bucks trend with record results

GAME Group has posted encouraging gains in both turnover and profit during its preliminary results for the year ended 31 January 2009. Group turnover reached 1.97bn for the period, an impressive 32 per cent gain on the 1.49bn achieved in the same period last year. At the same time the …

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AMD losses widen

Chip maker AMD saw losses widen in the first calendar quarter as the PC market went through a painful sales drought. A slump in demand for microprocessors saw quarterly sales sink by 21 per cent to reach $1.18bn, though this was still better than the previously projected result of $978 …

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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. As a result, it now forecasts net revenues of $4.2bn for the full fiscal year. Global consumer response to the …

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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 the same period the year before. Revenues, however, rose to $256.8m, up seven per cent from the $240.4m seen in …

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