Latest in Gaming

Image credit:

Funcom's revenues decrease in Q2

Eliot Lefebvre
08.28.14
Share
Tweet
Share
Save

Sponsored Links

Funcom has released its second-quarter financial results for the year, and it's not a glowing success story. Revenue dropped roughly $600,000 compared to Q1, a drop attributed to weaker in-game item sales over the quarter. Despite this, the report indicates that the company remains on-track as a whole, with the overall pattern of expenses not significantly changed. All of the major MMOs in the studio's portfolio are stated to be cash-flow positive, which is good news for fans.

While the company launched several marketing attempts to draw more players into its titles, The Secret World was the most successful at bringing in more players via its most recent major update. The company projects good results for LEGO Minifigures Online when it releases in October. Interested players can look at the full report, which is less overwhelmingly positive than might be ideal but hardly paints a picture of doom.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
Walmart sues Tesla after solar panels catch fire at stores

Walmart sues Tesla after solar panels catch fire at stores

View
A fourth 'Matrix' movie is happening

A fourth 'Matrix' movie is happening

View
Sega’s remastered ‘Yakuza’ bundle for PS4 comes to the US

Sega’s remastered ‘Yakuza’ bundle for PS4 comes to the US

View
NASA confirms mission to Jupiter's moon Europa

NASA confirms mission to Jupiter's moon Europa

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr