NCsoft has solid Q1 sales, profits thanks to Aion
NCsoft is apparently off to a good start in 2009 -- notwithstanding Richard Garriott's lawsuit -- thanks to "solid maintenance" of Lineage and Lineage II, along with sales of its new MMO, Aion. The publisher's sales were up 51 percent year-over-year to $107.7 million in the first quarter, with net income enhanced to $27 milllion, a 315 percent increase. It appears the Korean-based company's numerous international workforce cuts paid off.
NCsoft's CFO, Jaeho Lee, was happy that Aion's launch did not affect the performance of the Lineage series in Korea. Now we wait to see how the rest of the globe embraces Aion. The MMO is prepped to launch in China during Q2, with other major markets set for the second half of the year.
