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Ubisoft ended the 2012 financial year on the up, reporting a gross profit of €718 million ($917 million) and sales up 2.1 percent to €1 billion ($1.4 billion) year-over-year, according to its financial results for 2011-2012.Ubisoft ended fiscal 2011-12 with net income of €37.3 millio...

May 15th 2012 at 2:00pm 0 Comments
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Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37.Sony CEO Kaz Hirai pla...

May 11th 2012 at 2:45pm 0 Comments
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Namco Bandai saw a net income of 1.9 billion yen ($24 million) in its fiscal year 2012, with help from strong US sales of Dark Souls and Ace Combat Assault Horizon. Dark Souls sold 1.19 million units across the US and Europe, while Ace Combat Assault Horizon sold 1.07 million units in Japan, the US...

May 9th 2012 at 1:00am 0 Comments
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EA's Origin service has a registered 11 million members and has generated $150 million in non-GAAP revenue during the fiscal year from March 31, 2011 to April 1 this year, EA reports.EA's Nucleus, its cross-platform community network, now has 220 million members, EA says.EA recently allowed all 11...

May 7th 2012 at 4:48pm 0 Comments
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According to EA's results for fiscal 2012, the period from April 1, 2011 through March 31, 2012, it's been a good year. The publisher saw growth across many sectors, but perhaps most surprising was talk of investing $80 million in development of games for "Gen4 console systems" over the next 12 mon...

May 7th 2012 at 4:47pm 0 Comments
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Are you ready for this? It's ... good news about THQ's finances. The company is revising its earnings forecast for the quarter ending March 31, now reporting expectations of "non-GAAP net sales of $160 million to $170 million, which is above the company's previous outlook of non-GAAP net sales in t...

April 18th 2012 at 2:00pm 0 Comments
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Sega's "Game Contents" division (i.e. home video games) was down 5.1% for the nine-month period ending December 31, with the company reporting 63.5 billion yen ($833 million) in net game sales from the division ... and 5.5 billion yen in total losses. As for reasoning, Sega said only that "in the o...

February 3rd 2012 at 11:30am 0 Comments
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THQ will no longer manufacture uDraw hardware, according to its fiscal 2012 third quarter financial report. "Sales of the uDraw GameTablet and related software, and other titles in the kids, family and casual category were far weaker than anticipated, substantially reducing our financial results fo...

February 2nd 2012 at 5:12pm 0 Comments
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EA recorded a net loss of $205 million, but its highest operating cash flow in 31 quarters for the fiscal third quarter ending December 31, 2011. In Q3 2011, EA generated $1.06 billion in net revenue, which is up from the previous Q3, with a net revenue of $1.05 billion. EA's cash flow from operati...

February 1st 2012 at 4:48pm 0 Comments
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Take-Two Interactive recently released its financial figures for the second quarter of the 2012 fiscal year, boasting "better-than-expected" net revenue of $107 million. That figure -- driven largely by L.A. Noire and MLB 2K11 sales -- pales in comparison to the company's $245 million in earnings...

November 8th 2011 at 5:30pm 0 Comments
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Capcom released its earnings for the first half of the fiscal year ending March 31, 2012 (which puts the halfway point at September 30). Net sales are down year-over-year, from 40.7 billion yen ($522 million) in 2010 to 29.3 billion yen ($375.1 million) in 2011. Net income is down 878 million yen...

November 8th 2011 at 12:10pm 0 Comments