Tag Archives: loss

The eradication of the pre-owned games market would bring about grave consequences for the sector, one analyst has warned. MCV reported yesterday that a legal ruling in the US in could jeopardise the future of video game trade-ins, completely destroying the business models of many of the world’s key games …

Publisher Namco Bandai has reported a $312m loss for the fiscal year ending March 31st 2010, a sharp dip from the $126m profit reported in the year before. Revenues hit $4.1bn, down 11 per cent year-on-year. Its video games operations saw revenues of $1.5bn but suffered an operating loss of …

Virginia-based US publisher SouthPeak Interactive has seen the $1.2m profit it enjoyed in the quarter ending December 31st 2008 turn into a $2.6m loss for the same period in 2009. Also down were revenues – they fell from $17.3m to $10.1m, a decline of 42 per cent. Operating costs, however, …

Japanese publisher Sega Sammy has reported a net income of $189.5m for the nine months ending December 31st. The news is all the sweeter for the firm as in the same period a year before it suffered a $121.3m loss. There were also sharp increases in operating income, which hit …

Platform holder Nintendo is to back the appeal of prosecutors who have said they intend to challenge a recent court ruling from a French judge in favour of Flash card manufacturer Divineo. Upon dismissing the case on Monday, the judge accused Nintendo of deliberately locking out developers from its range …

French publishing giant Ubisoft has released its H1 2009/2010 financials, ending September 30th 2009, which reveal that sales of the company’s software sales fell by 51.7 per cent compared to the same period the year before. Total sales for the six months ending September hit €166m – last year that …

As part of today’s financial report, Sony has confirmed that since the launch of the PS3 its PlayStation operations have lost a total of $4.965bn For its 2007 financial year – the period that followed the launch of PS3 – losses for Sony’s PlayStation operations hit $1.97bn. Despite falls over …

Kaz Hirai, the boss of Sony Computer Entertainment, has admitted that the platform holder will make a loss on every PS3 Slim it sells. When asked if that was the case, Hirai told The Times Online: If you’re just talking about the hardware alone, the quick answer is yes. I …

Square Enix has announced a mixed bag of results in its latest financial report, with the climb in net games sales being offset by a drop in both net and operating income. Net sales for the period were down just 1.2 per cent at YEN 2.4bn, though net income dropped …

DSGi, owner of PC World and Currys, today posted a pre-tax loss of 140.4 million, in what chief executive John Browett described as ‘a year of change.’ While the figures represent a 78 per cent year-on-year drop, they were actually slightly above the firm’s expectations. The firm blamed Europe’s economic …