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SouthPeak Games CEO Melanie Mroz told investors this week that the ongoing legal argument between her company and distributor CDV has been resolved, and while full terms of the agreement weren't released, SouthPeak attributes a solid chunk of its $5.8 million in losses to the legal issues. Mroz say...

4 years ago 0 Comments
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Tecmo Koei has announced that it's lowering its annual operating profit forecast (essentially its guess for how much profit it will bring in before taxes) by a painful 95%. In addition, stock fell 9.5% to 630 yen ($7). This comes after the announcement of disappointing third-quarter losses (PDF l...

5 years ago 0 Comments
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EA announced a net loss of $391 million in its Q2 2010, which ended September 2009. The losses have increased from last year's $310 million. In addition, sales, at $788 million, are down $106 million in Q2 2010 from the same period last year. EA CEO John Riccitiello remains positive about EA's outl...

5 years ago 0 Comments
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First the bad news: Sony's recently released FY Q2 2009 financial report included some pretty upsetting figures for investors to witness -- namely, that the company's "Networked Products and Services" division, which includes video game hardware and software sales, reported a ¥58.8 billion (or ...

5 years ago 0 Comments
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Though SouthPeak is keen to point out that its net revenues rose from last year by $7.2 million, the company's profits for the year remain firmly in the red, with a $12.1 million posted loss for the 2009 fiscal year ending June 30. SouthPeak's loss report comes confusingly paired with a 100% increa...

5 years ago 0 Comments
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So, there's good news and bad news here, and we're opting to go against tradition by dishing out the positive first. Nokia just pushed out its Q1 2009 results, and while many firms have been struggling to stay afloat, at least it managed to turn a profit of €122 million ($160 million). That s...

6 years ago 0 Comments
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So, there's good news and bad news here, and we're opting to go against tradition by dishing out the positive first. Nokia just pushed out its Q1 2009 results, and while many firms have been struggling to stay afloat, at least it managed to turn a profit of €122 million ($160 million). That s...

6 years ago 0 Comments
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We'll be honest with you -- it's a bit disheartening to watch the (seemingly) inevitable happen to Helio. After all, it's managed to soldier on despite hordes of other MVNOs hanging it up here in the US of A. Nevertheless, data gleaned from EarthLink's most recent annual report shed some light on ...

7 years ago 0 Comments
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Life comes at you fast if you're Sega Sammy. Just a couple of years after increased profits had the company rolling in money, the company today announced that it plans to lose a whopping 26 billion yen (approx. $230 million) this fiscal year. Compared to the previous projection of a billion yen prof...

7 years ago 0 Comments
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Funcom and Eidos spun Age of Conan's high level of anticipation in the community by announcing that more than half a million people have signed up for either the game's beta test or its fan club. That's a fairly impressive number, although it doesn't necessarily predict sales. After all, beta testi...

7 years ago 0 Comments
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Further cementing its image as Microsoft's loser brother who just needs a few bucks until "the band really takes off," the Entertainment and Devices Division of the company lost $315 million in the third fiscal quarter. Meanwhile, Microsoft's overall earnings rocketed up to $14.4 billion, a 32 per...

8 years ago 0 Comments
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Market research firm iSuppli has determined that Sony will lose about $240 on every 60GB PS3 and roughly $305 on every 20GB system they sell at launch. The determination comes from iSuppli's cost analysis of the parts inside the system -- which includes a $125 Blu-Ray drive and a $129 Nvidia "Realit...

8 years ago 0 Comments