Category Archives: Financials
Thu, Dec 05, 2013 | 20:28 GMT
A US Bankruptcy Court judge has approved Atari’s plan to pay back creditors and move out of bankruptcy, The Wall Street Journal reports. The firm filed for Chapter 11 back in January, and a proposal – with agreements from its creditors – will allow the firm to pay what it owes over the course of the next three years. Atari will pay out less than the $10.3 million owed, with some creditors receiving the full note due and others a smaller amount. Atari had originally planned to sell its catalog to pay off it debits, but only 15 bids were placed – all of which were refused. It then started selling parcels off with some failing to be bid upon; however, Wargaming grabbed up the Masters of Orion and Total Annihilation IPs, Stardock won the rights to the Star Control series, and Rebellion Interactive purchased Battlezone and Moonbase Commander. Thanks, GI International.
Tue, Dec 03, 2013 | 12:52 GMT
Nintendo is likely to miss out on its projected ¥100 billion profit projection for the financial year, according to analysts. In addition, Wedbush Morgan’s Michael Pachter has stressed that he company “steadfastly refuse” to believe that the Wii U is in a tight spot.
Mon, Dec 02, 2013 | 15:20 GMT
Tue, Nov 26, 2013 | 22:07 GMT
Perfect World Entertainment has reported Q3 FY 13 earnings of $136.2 million in revenue, compared to $114.2 million year-on-year. Profits came in at $19.8 million compared to $14.2 million year-over-year. The uptick in both sectors was attributed to Swordsman Online and Saint Seiya Online and the “successful launch” in North America and Europe of Cryptic’s Neverwinter MMO. The firm’s CEO Robert Xiao believes Dota 2, which Perfect World will operate in China, will provide significant financial gains in the future. Thanks, GI International.
Thu, Nov 21, 2013 | 16:50 GMT
GameStop has posted its Q3 2013 financial results and the firm reported an 18.8% increase in revenue of $2.11 billion compared to $1.77 billion year-over year. Earnings were up 45.3% to $68.6 million.
Wed, Nov 20, 2013 | 11:58 GMT
Sony is nearing break-even point for the production of PS4 consoles already, according to a report by analyst firm IHS.
Tue, Nov 12, 2013 | 18:01 GMT
Ubisoft has published first half 2013-14 earnings, noting a 5% year-over-year increase to €293 million, and a Q2 sales increase of 46.6% to €217 million compared to €148 million year-over -year. Rayman Legends will also be released on next-gen systems in February, Ubisoft has announced.
Tue, Nov 12, 2013 | 14:13 GMT
Sony will sell 49 million PlayStation 4 consoles worldwide in the next five years, trumping Microsoft’s predicted 38 million Xbox One consoles. That’s the prediction of analyst firm IHS.
Fri, Nov 08, 2013 | 15:13 GMT
Disney Interactive saw an increase in revenue of more than 100%, which the company primarily attributed to strong sales of Disney Infinity – the starter set of which sold one million units.
Thu, Nov 07, 2013 | 09:31 GMT
Activision has reported Q3 2013 revenues of $691 million, down 18% compared with $841 million during Q3 2012. Net revenues from digital channels were $409 million and represented a third-quarter record, making up 59% of the company’s total net revenues.
Wed, Nov 06, 2013 | 11:28 GMT
Nintendo president Satoru Iwata has stressed that he does not see a dark future for the company and has explained why he is unwilling to change the company’s steep financial forecast for the full year. It comes as part of a new investor Q&A article.
Tue, Nov 05, 2013 | 10:27 GMT
Gameloft has posted its third-quarter financials, highlighting record quarterly revenue of €61.7 million. More figures inside.
Tue, Nov 05, 2013 | 12:47 GMT
Square Enix has published its six-month financial report, flagging up a revised year-end projection due to the strong performance of Final Fantasy 14: A Realm Reborn.
Fri, Nov 01, 2013 | 08:57 GMT
Sony has posted its latest quarterly and half-year financial report, revealing that its game arm lost ¥0.8 billion / $8 million for the period. As such, the company has lopped 40% off its full-year projections.
Thu, Oct 31, 2013 | 11:02 GMT
Capcom has posted its latest half-year financial results, confirming that strong sales of Monster Hunter 4 in Japan have helped cool something of a slump in its last report.
Thu, Oct 31, 2013 | 08:07 GMT
Nintendo has published its second-quarter financial report. During the period some 300,000 Wii U consoles were sold as the company struggles to hit its year target of 9 million units. Meanwhile, 3DS hardware sales are down 22%.
Wed, Oct 30, 2013 | 16:36 GMT
EA exceeded financial expectations during the quarter ending September 30, largely thanks to ongoing success in non-traditional digital realms.
Wed, Oct 30, 2013 | 17:47 GMT
Mon, Oct 28, 2013 | 23:23 GMT
Grand Theft Auto 5 represents the vast majority of Take Two’s revenue this quarter, analyst firm IHS Electronics & Media has predicted, but warned that massive retail sales can’t compensate for a lack of digital strategy.
Mon, Oct 28, 2013 | 21:55 GMT
Apple’s fourth quarter financials show the iPhone 5 leading a resurgence of smartphone sales, while the iPad remained largely static.