Tag Archives: q1

Sales up 77% at THQ

American publisher THQ has reported a year-on-year sales increase for the quarter ending June 30th 2009, with revenue jumping 77 per cent to $243.5m. Net income hitting $6.4m – in the same period last year the company suffered a $27.2m loss.

 The big successes for the publisher included first person …

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Like-for-like declines at GameStop

Though questions regarding gaming’s resilience to the recession are being asked with increasing frequency, GameStop has posted year-on-year gains for the quarter ending May 2nd – though the all important like-for-like numbers showed a slight decline. Net earnings for the period hit $70.4m, a year-on-year increase of 13.4 per cent. …

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NCsoft income rockets 315%

MMO publisher NCsoft has banished the memories of a financially challenging 2008 with an impressive start to 2009 – net income for the quarter ending March 31st was up 315 per cent year-on-year, reaching $27m. Operating income jumped 128 per cent at $34.3m, whilst sales hit $107.7 per cent – …

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Gameloft sales climb 22% in Q1

Gameloft has posted consolidated revenue of 30.8 million euros for the first quarter of 2009, up 22 per cent year-on-year. Europe accounted for 35 per cent of revenue, North America 37 per cent and RoW 29 per cent. In terms of platform, 94 per cent of revenue came from mobile …

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Microsoft suffers first ever quarterly drop

Global software and hardware company Microsoft has suffered its first quarterly drop in revenues and sales in its 23 years as a public company, though its Xbox operations remained one of strongest parts of the business. Revenues for the quarter ending March 31st were down six per cent on the …

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Nokia profits plunge 90%

2009 has proved to be a testing time for Finnish mobile phone giant Nokia, with the telecoms specialist reporting a 90 per cent fall in profits for Q1 2009. Net profits reached €122m, heavily down on the €1.2bn in the same period in 2008. Sales were also down, dropping 27 …

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UK retail sees 0.7% Q1 decline

The UK High Street suffered a like-for-like sales decline of 0.7 per cent in Q1 and 1.2 per cent in March, the latest figures from the British retail Consortium reveal. Retail Week reports, however, that total sales grew 1.2 per cent year-on-year, with March number’s climbing by 0.6 per cent. …

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Metaboli enjoys 120% Q1 2009 growth

PC digital distribution company Metaboli has announced that its Q1 2009 turnover is up 120 per cent compared the same period in 2008. Our triple-digit growth is based on strong fundamentals, namely the introduction of a very attractive promotional plan to our customers and having the largest digital video games …

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Zelnick: Were not satisfied with losses

Strauss Zelnick, the chairman of US publisher Take 2, has stated that whilst pleased that the publisher’s latest financial results were better than expected , he was not pleased to see losses on the up in Q1. Take 2’s first quarter results were somewhat better than the initial guidance we …

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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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