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Funcom has released its financial results for Q3, and it's not pretty. Revenue was down 68.5% to 5.7 million USD, and expected to drop even more in Q4. This time last year they were reporting a profit of $3.3 million, a strong contrast to the current $9.6 million loss. They see a few reasons for thi...

5 years ago 0 Comments
November 17, 2009 at 5:00PM
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Namco Bandai has reported a net loss of ¥6.04 billion ($66.7 million) for the first half of its fiscal year, which began in April. During the same period last year, the company posted a net income of ¥1.28 billion ($14.14 million). Despite this year's first-half hiccup, the publisher stil...

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Gameloft's mobile focus is keeping the company flush with cash in these tough times. The prolific publisher announced today that quarterly sales are up 15 percent over the third quarter last year and up 18 percent in year-to-date figures compared to the same period last year. Gameloft achieved $1...

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Ubisoft has reported that sales for its fiscal first quarter of 2009-10 (April through June) were down just over 50 percent from the same period a year ago. The publisher posted roughly $118 million (€83 million) in sales last quarter; a far cry from the $240.24 million (€169 million) cas...

5 years ago 0 Comments
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It's time for another installment of "Sales Go Up, Profit Goes Down," the completely perplexing economic phenomenon that's been taking the gaming industry by storm as of late. Today's contestant is Ubisoft, who in April reported a 14 percent annual sales increase over the past fiscal year, from &e...

5 years ago 0 Comments
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Gaming industry juggernaut Take-Two Interactive recently released its second quarter financial results (among other things), and as one might expect, the outlook isn't quite as rosy as Q2 of last year. With the release of Grand Theft Auto IV, Q2 2008 brought the publisher a net income of $98.2 mil...

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Funcom has released a report detailing their financials for the first quarter of 2009. They brought in over US$7 million in revenue for the period, and although this figure is slightly less than the previous quarter (but without the disastrous US$23 million depreciation loss), they are pleased with ...

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Capcom's financial report for fiscal year 2008 reveals that the company seems to have found a way to protect itself against the recession: sequels. Net sales for FY 2008 came to 91.8 million yen, up 10.6% from 2007, an increase that Capcom attributes to its massive franchise releases. Following the ...

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Though we normally reserve the word "trillion" for flippant exaggeration, we believe its use is quite serious in Nintendo's fiscal report, explaining how it fared during the year ended March 31, 2009. In a few words: very well. In a few figures? 1.83 trillion yen ($18.55 billion), 555 billion yen ...

5 years ago 0 Comments
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During yesterday's financial results conference call, Ubisoft CEO Yves Guillemot mentioned that his company had already begun preparing for the next set of consoles. Does this mean that Ubisoft has been shown the plans of the hardware developers? Probably not! It's preparing with money. "We need to...

6 years ago 0 Comments
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Ubisoft announced its financial results (PDF link) for fiscal 2008 (which ended on March 31, 2009), and for the most part news (or Newz, if you prefer) is good. Full-year sales for 2008 grew to €1.058 billion, up 14% over last year's €928 million total. The company explained the strong res...

6 years ago 0 Comments
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These are bad times all around in the massively multiplayer online game industry in terms of the economy. The troubles of some companies are still coming to light, as is the case with Funcom. James Lee from GamesIndustry.biz writes that Funcom has reported its Q4 2008 financial results with "an ope...

6 years ago 0 Comments
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EA has released its financial report for Q3 2008. Even though the company is currently restructuring jettisoning employees (the financial report says 11% of its workforce, up from the previous 10%), its sales highlights are full of enormous, impressive numbers. According to the report, EA was "the l...

6 years ago 0 Comments
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Ubisoft's third quarter earnings report has finally officially confirmed that the sequel to 2007's best selling assassinate-em-up, Assassin's Creed, will be available before the end of March 2010. While technically impressive, Assassin's Creed was a bit lacking in the gameplay department, we felt. ...

6 years ago 0 Comments
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When the financial reports for the Q1 performance of NCSoft hit the Massively offices, fingers were quickly pressed to pages with one intent -- finding out what was going on with Richard Garriott's Tabula Rasa. Already this year, we've heard dour reports on the status of the game, which were then ...

6 years ago 0 Comments
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In a strange case of one hand not knowing what the other is doing, Vivendi Games, in its latest financial press release, has stated that "Blizzard Entertainment's second expansion, World of Warcraft: Wrath of the Lich King, is scheduled to be released in the second half of 2008." While that's exci...

6 years ago 0 Comments