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Posts tagged earnings

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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Ubisoft sales up in last quarter thanks to Ghost Recon

Ubisoft sales for the first quarter of fiscal 2012-2013 (which ended June 30) are up 27.2 percent over the last year, coming in at €131 million ($160.6 million). The company attributes the better-than-expected performance to surprisingly high sales of Ghost Recon Future Soldier, indicating ...

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Ubisoft expects next-gen consoles to integrate 'item based model'

Ubisoft likely knows more about the next generation of consoles than we all do, thanks to working on games for them and stuff, and it sees them going in a social gaming-oriented direction. The company's earnings release features an outlook for the next year, in which Ubisoft CEO Yves Guillemot ...

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Sega earnings down in fiscal 2011, Mario & Sonic sell 3 million

Sega's earnings are down in the year ended March 31, 2012, which shouldn't come as a surprise given the company's recent extreme restructuring measures. Sega reported net sales of 395.5 billion yen ($5 billion), down 0.3 percent from 2011; net income dropped 47.4 percent to 21 billion yen. In the ...

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Capcom earnings down in fiscal 2012; Monster Hunter Tri-G, Raccoon City, Street Fighter X Tekken sell a million each

Capcom's net sales are down 16 percent year over year, for the fiscal year ending March 31. The company brought in 82.1 billion yen (just over $1 billion), with its Consumer Online Games division responsible for 53.5 billion yen of that (23.9 percent lower than that division's performance last ...

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The Angry Birds earned Rovio quite a bit of chicken scratch in 2011

The Angry Birds are quite a catch, it seems. Franchise creator Rovio announced this morning that earnings in 2011 topped $100 million, which it owes solely to sales of the Angry Birds franchise. "The heavy investments made in 2011 to all business areas will be seen in future products," Rovio CEO ...

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THQ earnings forecast improves due to Saints Row 3 sales, DLC

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 ...

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Sega's home game division posts losses, Mario & Sonic a bright spot

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 ...

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Capcom net sales down 29%, Monster Hunter sales strong (again)

For the nine months ending December 31, Capcom net sales down 29% year over year, to 50.27 billion yen ($660.6 million). Similarly, operating income for the period is down 47.2%, despite such collaborative cross-marketing efforts as "the launch of beverages based on popular characters, in order to ...

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Cave to put projects on hold, refocus on social gaming

It's easy to forget sometimes that video games are a business, as well as a means of artistic expression and recreation. Even developers like Cave, whose sterling reputation is due almost entirely to its long-time devotion to the incredibly esoteric bullet-hell genre, have to make tough decisions ...

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