Tag Archives: Financials

According to this, nVidia has reported revenues of $4.10 billion for its full fiscal year, which ended on the seemingly randon January 27, compared to $3.07 billion for the same period a year ago. Profits were $797.6 million, up from profits of $448.8 million from the same period a year ago.

While Sony’s games division may have gone into the black, a small rise in profit and a cut outlook in recent quarterly financials damaged the company’s shares to the tune of 7 percent today, says this.

“The earnings report prompted HSBC to cut its rating on Sony to ‘neutral’ from ‘overweight’, citing the risk that a weakening U.S. economy and the strengthening yen could sap future profits at the maker of PlayStation 3 game consoles and Vaio PCs,” said the report.

Jubilation in the games trade met the news that Sony’s PlayStation division had finally turned a profit earlier this week, and any dip is already being seen as short-lived.

“Investors appear to be overselling Sony,” said Koichi Ogawa, a chief portfolio manager at Daiwa SB Investments. “Maybe this presents a buying opportunity for the stock as, if you take a step back and see, Sony has started making profits on its game business.”

Don’t bother dragging yourself round the internet looking for news on the EA investor call yesterday: we’ve done it for you. See below for everything unveiled in the chat with EA CEO John Riticiello and coverage of the company’s third quarter financial release itself. Don’t forget to listen to big John quacking on in the now-available webcast. You’ll find the link below.

EA financials: Full webcast available now
EA financials: Full transcript available online
EA financials: EA posts third quarter loss on record revenues
EA financials: Spore before Holiday 08
EA financials: Orange Box titles to be split out
EA financials: Lord of the Rings gets new title
EA financials: Rock Band complaints in “single digits”
EA financials: Bioware’s Dragon Age for 2009
EA financials: PS3 still tough for development
EA financials: SKATE outsells Hawk 2:1
EA financials: Rock Band confirmed for Wii
EA financials: Crysis sells a million
EA financials: Bad Company and Merc 2 to ship in “fiscal 2009″

UK magazine publisher Future has taken a revenue hit for the first three months of its fiscal year, down 1.5 percent over the same period for 2006. The company reported revenues of £40.6 million for the three months ending December 31 2007.

“Although we continue to take a cautious view of our markets, the current financial year has begun satisfactorily and the Group’s financial position is solid,” said Stevie Spring, chief executive at Future. “Our strategy remains firmly on track.”

The firm’s stock has rallied since December, when an eye-watering series of drops saw a price close to 27p. Future’s shares stood at 34.75p at the time of writing.