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Funcom ditches $9.6 million in Q3

Wednesday, 18th November 2009 08:35 GMT By Patrick Garratt

ageofconan19

Funcom’s posted a $9.6 million loss for the quarter ending September 30, compared to a profit of $3.3 million in the third quarter of 2008.

Revenues were down from $18 million to $5.7 million.

Q4 revenues is expected to be in the $4-5 million region.

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5 Comments

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  1. Gekidami

    Guess who will completely ignore this.

    #1 4 years ago
  2. Brol

    Not looking too bright… the losses are nearly twice as big as the revenues with no major improvement in sight, and at the same time they have a massive need for cash in the next couple of years for developing their new MMO… :(

    #2 4 years ago
  3. Gheritt White

    @1: “He-Who-Must-Not-Be-Named”

    #3 4 years ago
  4. blackdreamhunk

    age of concn wasn’t a good MMo to begin with it started off with alot flaws. The game is ver pretty however the game was full of bugs and is a mess.

    In fact the lead game dev resigned because the mmo had poor start. funcom has track record of releasing mmo’s when they are not done and ready. The game had alot of promise.

    I high recomend that funcom make the free to play and the game needs to cleaned up.

    #4 4 years ago
  5. endgame

    BUUUUULSHIT!!! with operating costs at less than 20% of what u make!? if i’m wrong and u’r loosing so much money then why don’t u shut down aoc funcom? seriously, do u think we’re so retarded as to believe this? come on! come oooon!

    #5 4 years ago