Tag Archives: Results

GameStop celebrates record festive sales

North American and global games retailer GameStop has posted some strong numbers for its festive sales period, showing that the company enjoyed its best ever performance for the nine weeks ending January 3rd. Sales for the firm totalled $2,856m, up 22.3 per cent from the $2,335m seen in the same …

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EA warns of poor Q4 results

Leading publisher EA has confirmed that disappointing sales of its key software titles means it expects both its net revenue and earnings for the current Q4 period to be below numbers previously forecast by the firm. The firm now expects its net revenue for the fiscal year ending January 31st …

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Like-for-like sales up at GAME

The UK’s leading games retailer GAME has revealed that its total group sales for the 44 weeks up to November 29th are up 27.4 per cent compared to same period in 2007, with like-for-like sales increasing by 11.2 per cent. For the UK and Ireland total sales climbed 25.1 per …

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Infogrames net revenue up 45%

Atari’s parent company Infrogrames has announced an increase of net revenue of 44.5 per cent for its fiscal first half 2009-2009 ending September 30th. Despite falling 7.5 per cent, losses still totalled €85.67 million, though they were outweighed by a total net revenue for the period of €131.8 million, which …

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THQ losses lead to 250 job cuts

US publisher THQ has confirmed that it is to cut 250 jobs following losses of $115.3 million for the three months ending September 30th. Losses for the same period last year totalled just $7 million. Net sales for the period reached $164.8 million, down from the $229.3 million seen in …

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Capcom posts quarterly gains

Flying in the face of the global credit crunch, Capcom has reported some positive financials for the quarter ending September 30th 2008. Kotaku reports that net sales for the period hit YEN 31.26 billion, up 0.4 per cent on the same period last year. Net income increased by 16.8 per …

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Online spearheads Zavvi growth

High Street retailer Zavvi has heralded a successful first year on the market by announcing strong improvements over the performance of the company it bought out in 2007 – Virgin Megastores. Sales in its online operations increased an impressive 148 per cent over the last twelve months compared to the …

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Xbox celebrates profitable year as 360 hardware sales rise

Microsoft’s Entertainment and Devices Division, which includes its Xbox 360 and Zune operations, has announced its first full year of profitable operations, with the fiscal year ending June 30th ’08 bringing $426 million in profit. This compares to the $1.9 billion loss the Division suffered in the previous fiscal year. …

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Record Activision-Blizzard financials exceed expectations

The newly formed Activision-Blizzard has announced its financial results for its fiscal Q1 2009, ending June 30th 2008, which show record net revenues of $650 million – far in excess of the firm’s $500 million prediction. The publisher noted the strong performance of film license Kung Fu Panda and the …

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