Category Archives: Financials

Thu, May 23, 2013 | 20:44 BST

GameStop posts quarterly decline, shrugs off Microsoft’s evasive stance on used games

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GameStop has reported its quarterly results for the period ending May 4, with total revenues down 6.8% year-over-year to $1.87 billion, noting declines in both hardware sales and new software. Profits came in at $54.6 million, down 25% year-over-year.

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Thu, May 23, 2013 | 09:00 BST

Atari auctioning entire stable of IP in July to curb bankruptcy loss

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Atari is looking to sell off its IP to bidders separately after it failed to find a sole buyer for its entire catalogue. The troubled company is looking for a minimum of $22.2 million for all franchises combined.

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Wed, May 22, 2013 | 19:37 BST

Capcom FY14 forecast notes slower growth in mobile

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Capcom has released an English translation of quarterly financial results, noting the mobile market has stalled for the developer, and that it plans to concentrate on business areas with “sustained growth” for FY14.

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Thu, May 16, 2013 | 16:32 BST

Activision’s market share hit 19.5% in 2012, Call of Duty top franchise last seven years

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As part of its slide presentation to investors during its financial results yesterday, Ubisoft revealed its current market share among boxed game compared to competitors Activision, Take-Two and Microsoft. It seems that during FY2012, Activision had the highest share with 19.5% of the boxed market cornered.

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Thu, May 16, 2013 | 10:25 BST

Tencent financials: profit up 37%, revenue rises 40%

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Monster Hunter Online publisher and Riot Games owner Tencent has posted its Q1 financials, pointing to a prosperous year for the Chinese online gaming company.

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Thu, May 16, 2013 | 05:43 BST

Ubisoft: 1666 suspended, two new titles in 2013

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Ubisoft announced today during its call to investors that it has suspended development of 1666, one of the projects it picked during the THQ Auction in January. According to the firm’s CEO, Ubisoft couldn’t “align its vision on development and team management” with Patrice Désilets.

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Wed, May 15, 2013 | 18:39 BST

Ubisoft Q4 and full-year FY13: Assassin’s Creed 3 ships 12.5 million

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Ubisoft has announced its full-year results for fiscal year 2012-13 with sales totaling €1.26 billion, which is up 18.4% compared to €1.0 billion year-over-year.

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Wed, May 15, 2013 | 12:26 BST

Gameloft financials: Q1 sales up 21% at €54.2 million, F2P model wins big

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Gameloft has released its Q1 financial report, signalling a year-on-year sales increase of 21%, totalling €54.2 million.

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Tue, May 14, 2013 | 21:29 BST

Vivendi once again looking to sell some of its 60% stake in Activision-Blizzard – report

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Vivendi is looking to sell some of its stake in Activision-Blizzard in order to refocus on its media holdings, according to a WSJ report.

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Tue, May 14, 2013 | 12:02 BST

T2 FY13: Borderlands 2 ships 6 million, WWE 2K14 dated

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Rockstar and 2K parent company Take-Two has released its fourth quarter and FY 2013 financial report, showing increased revenue and profits off the back of BioShock Infinite and Borderlands 2, a jump in digital revenue, and a bustling upcoming release schedule.

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Mon, May 13, 2013 | 18:32 BST

Videogame sales decline expected through July – NPD

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According to a note from analyst firm Cowen and Company, NPD sales are projected to face a sharp decline until the release of Madden NFL in July.

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Mon, May 13, 2013 | 15:55 BST

GungHo financials: ¥12 billion made in April alone, Puzzle & Dragons earns $3.75 million a day

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GungHo Entertainment is making some serious bank, according to its most recent financial report. One game in particular – iOS hit Puzzle & Dragons – is currently earning the firm $3.75 million a day.

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Mon, May 13, 2013 | 17:00 BST

Square-Enix financials: ¥13.7 billion loss, cites ‘competitive’ console market

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Square-Enix has posted its financial report for the financial year ended March 31st, highlighting a ¥13.7 billion loss amid what it has called a ‘competitive’ console market. The company will now look to the PC, mobile and tablet space with greater focus to reverse the trend.

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Mon, May 13, 2013 | 02:28 BST

NCSoft Q1: Guild Wars 2 sales flatten but profits up

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As new purchases of Guild Wars 2 tail off, publisher NCSoft has noted a dramatic drop in sales revenue – but is still very much back in the black after a few chancy years.

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Sat, May 11, 2013 | 14:10 BST

EA Sports EVP Andrew Wilson unloads all shares in the firm for $687,000

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EA Sports executive vice president Andrew Wilson has sold all his shares in Electronic Arts, according to a Form 4 filed with the SEC yesterday.

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Fri, May 10, 2013 | 12:57 BST

Sega Q1 financials: Aliens sold 1.3m units, profits up 53%

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Sega has published details of its Q1 financial report, highlighting a 53% profit increase for the year ended March 31, 2013. The publisher’s biggest hit for the year was Sonic & All-Stars Racing Transformed, while Aliens: Colonial Marines old1.3 million copies worldwide.

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Fri, May 10, 2013 | 10:20 BST

Nexon Q1 financials suggest growing disparity between east and west markets

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Nexon has revealed its Q1 financial report, suggesting that the publisher’s revenue is booming in Japan with ¥9.9 billion in the country alone – an increase of 222.4% – but the figures are sliding in North America.

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Thu, May 09, 2013 | 17:03 BST

Namco Bandai posts FY13 results, posts unit sales for Soul Calibur 5, Tekken Tag Tournament 2

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Namco Bandai has released its fiscal year results for the year ending March 31, 2013, with reported revenue at ¥32 billion ($324 million) compared to ¥19 billion ($192 million) the prior year.

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Thu, May 09, 2013 | 16:51 BST

Konami posts FY13 financial results, to “promote Metal Gear” series at E3

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Konami has posted its financial results for the year ending March 31, 2013 posting an overall decrease in net revenues of 15% year-over-year to ¥2.3 billion ($23 million). However, its Digital Entertainment division posted an increase of 17.1% year-over- year of ¥1.5 billion ($15 million) compared to ¥1.2 billion ($12 million) the prior year.

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Fri, May 10, 2013 | 09:51 BST

Sony FY13: PS3 sales down, Vita flat, gaming division down

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Sony’s Fiscal Year 2013 results are out, painting a picture of a company that is happily coasting with decreased profitability as it looks towards the start of the next generation.

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