Tag Archives: profit

UK entertainment retailer HMV has issued its third profit warning of the year so far. The chain warned, four weeks ahead of the end of the financial year, that annual profits before tax would now be around 30m. When it issued its second profit warning last month it predicted that …

Dixons Retail has issued a profit warning for the financial year, reducing its forecast to 85 million from predictions of 100 to 110 million made in mid January. Citing reduced customer confidence across a range of markets, the retailer has laid out a four step plan to ensure it remains …

Retailer GameStop has reported another set of record numbers for its 2010 fiscal year. Q4 2010 sales climbed 4.8 per cent to $3.69bn with like-for-like store sales increasing by 2.6 per cent. Net earnings jumped 10.1 per cent to $237.8m. For the full fiscal year total sales climbed 4.3 per …

Sony’s PlayStation Home is two years old. That’s a success in itself, but perhaps the service’s biggest accomplishment is how successfully it has overcome the initial cynicism and flourished into a money making business. "From a business point of view, virtual items and microtransactions… it just works," Home’s platform director …

Japanese publisher Konami has reported a quarter of declines for the three months ending December 31st 2010. Revenue was down 1.4 per cent year-on-year at Y188,308m while operating income fell 50.6 per cent to Y16,541m. Net income was Y9,615m, down 9.5 per cent. However, this is a big improvement on …

Japanese publisher and developer Square Enix has issued a stark warning about its expected performance for the current financial year, which closes at the end of March. It now predicts net income of Y1,000m, a massive 89 per cent year-on-year drop. It expects net sales to fall 32 per cent …

Nine months into Sony’s current financial year and the PS3 has already outstripped its total sales for the 2009 fiscal year, Sony has reported. Year-to-date sales of the machine now stand at 15m – 2m units ahead of the total 2009 sales figure. Q3 sales reached 6.3m units, which is …

Publisher EA has confirmed that BioWare-developed MMO Star Wars: Old Republic will not now release this spring and will instead ship some time in the next fiscal year. This means it could potentially arrive as late as March 2012, though MCV understands that September 2011 remains EA’s target launch date. …

Publisher EA has reported a net loss of $322m for its Q3 ending December 31st 2010 – a year-on-year increase of nearly 300 per cent. Revenues for the period were down 15 per cent at $1.05bn. However, adjusted non-GAAP numbers are more positive, showing almost a doubling of profits to …

Xbox 360 and Windows platform holder Microsoft has reported its best ever quarterly earnings for the three months ending December 31st. Total company revenues came in at $19.95bn for the period with profits reaching just over $8bn. It was the Entertainment and Devices Division, which is the home of Xbox …