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Posts tagged Q2

NPD: Digital spending offset physical goods decline in Q2

Information broker The NPD Group noted that for the second quarter (April-June), digital product sales made up for losses experienced at retail. "Increases in digital format spending offset nearly all the losses from the declines in physical format spending, with digital full game downloads and...

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GameStop does slightly better than guidance heading into holiday

GameStop made it out of the slower summer season relatively unscathed, with sales of $1.38 billion during the second quarter ending August 3, a 10.7 percent decline from last year's $1.55 billion. An important indicator for the retail giant is its digital receipts grew 17.9 percent during the...

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Disney Interactive down $54 million in Q2

By the end of the second quarter of its fiscal year, Disney Interactive was once again the media conglomerate's only unprofitable sector, reporting a $54 million operating income (read: pre-tax) loss for the three month period ending March 31, 2013. This is, however, a 22 percent year-over-year...

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Microsoft fiscal 2013, Q2: Xbox still on top, Entertainment revenue down

Microsoft's financial statement for the three month period ending December 31, 2012 (aka Q2 fiscal 2013) has been released, and amid the breakdowns of the Windows Division's revenue increase and the Server & Tool division's year-over-year whatever is some information our readers actually care...

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Ubisoft posts 32.3 million euro loss for first half of fiscal 2012, expects big Q3

Ubisoft has released its earnings for the first six months of fiscal 2012, which ran from April 1, 2012 through September 30, 2012. In that time, the publisher garnered overall initial profits of €192.7 million (about $246.8 million), which is a 21 percent increase over the €158.4 million...

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THQ explores 'strategic alternatives' with private equity broker

THQ's second quarter earnings conference call today totaled 12 minutes. Executives rattled through the financial quarter, noted game delays and CEO Brian Farrell concluded that the company had been "advised not to conduct a [question and answer] session" following prepared remarks. Since these...

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THQ's Q2 sees $107 million in net sales, needs more money for delays

THQ posted net sales of $107 million and an operating loss of $19 million in fiscal 2013's second quarter, which ended September 30. This is compared with 2012's Q2 results of $146 million in net sales, and an operating loss of $97 million. In a bid to stay afloat, in 2012 THQ has undergone...

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Resident Evil 6, Dragon's Dogma propel Capcom to record first half of fiscal 2013

Capcom reported operating income of 6.5 billion yen ($81.6 million) for the first half of its fiscal 2013 (April 1 through September 30), up 134.2 percent from last year. Overall, Capcom claimed that "sales and income for this 6 months period broke the record at all levels for the first half." The...

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Take-Two revenue up 155% during Q2, outlook removes $600 million following GTA 5 delay

Take-Two had a great second quarter (ending September 30), with revenues of $273.1 million, a 155 percent increase from the $107 million in the previous Q2. At the end of the day, however, the company did have a net loss of $12.5 million, which is still significantly better than the $123.3 loss...

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Activision brings in $1.08 billion in Q2: more than expected, but less than last year

Activision Blizzard beat its outlook for its fiscal Q2 (ending June 30), bringing in $1.08 billion in revenue – the outlook as of May predicted $950 million. This still falls short of the same period last year. It's no mystery as to where Activision's money came from. "For the first six...

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