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If it's not the best news ever, at least we've got some good news from Funcom today. The studio posted its first quarter financial report, showing that it had solid sales and "significant" operating expense savings because of the recent restructuring of its organization. Funcom made over $6.3 mill...

May 28th 2013 at 3:00pm 0 Comments
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It looks like Cryptic Studios is in stable financial hands according to a news blurb at Gamasutra. Parent company Perfect World Entertainment saw a rise in third quarter revenue compared to the same period last year. However, GamesIndustry.biz reports that PWE's net profits declined during the s...

November 22nd 2011 at 11:00am 0 Comments
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Earlier this month we heard the news that World of Warcraft's subscriber base took yet another substantial hit, although Blizzard was quick to say that most of these losses were coming from eastern countries like China. It's odd then that we've just received word that World of Warcraft is on the...

November 17th 2011 at 8:30am 0 Comments
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It's been a great year for ChangYou, and the Chinese developer responsible for Tian Long Ba Bu and Duke of Mount Deer recently reported its fifth consecutive double digit growth quarter. Tian Long Ba Bu has seen two successful expansion packs thus far in 2011, with a third scheduled for Septembe...

August 2nd 2011 at 10:00am 0 Comments
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THQ has announced its earnings for fiscal year 2011, which ended March 31, 2011. Stacked up against last year's report, the publisher's net sales on a GAAP basis were down from $899 million to $665 million, a drop of $234 million overall. Its net loss saw a dramatic increase from $9.6 million to...

May 3rd 2011 at 8:00pm 0 Comments
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Electronic Arts has posted its financial report for the second quarter (July–September) of its 2011 fiscal year, posting $631 million in revenue, a decline of $156 million compared to revenue recorded during the same period last year. However, the megapublisher managed to cut its net loss to...

November 2nd 2010 at 6:02pm 0 Comments
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Atari has posted its financial results for its fiscal year 2009 (ending March 31), and, while the company still reported a loss, it's a definite improvement over last year. The company managed an operating loss of €22 million ($26.84 million) for the fiscal year, a substantial improvement over...

May 26th 2010 at 6:20pm 0 Comments
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GameStop reported earnings for its fiscal first quarter (February–April). Sales are up five percent over the first quarter of 2009, to $2.08 billion. Some of that growth is no doubt due to strong sales of new games. The retailer announced that new software sales increased 13.3 percent in the...

May 20th 2010 at 11:33am 0 Comments
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SouthPeak Interactive bounced back from a quarterly net loss of a couple million dollars, pocketing $192,000 in profit for the third quarter (January–March) of its fiscal year ending June 30 -- time to splurge on Charmin for the executive bathrooms! Despite the profit, net revenues during the...

May 19th 2010 at 3:25pm 0 Comments
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Despite recent troubles in the North American and European branches, Sega overall had a good fiscal 2010, which ended March 31, financially speaking. The company as a whole saw its operating income rise to ¥36.7 billion ($397 million), a huge increase over fiscal 2009's operating income of 8.3 b...

May 14th 2010 at 5:28pm 0 Comments