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Posts tagged financial

April NPD: Injustice: Gods Among Us reigns supreme

Another hot, fresh loaf of financial data has been pulled out of The NPD Group's analytical oven, and its buttery goodness contains sales information for the four week period between April 4 and May 7, 2013. During that time, the physical retail sector of the games industry was down 25 percent when...

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Nintendo downloadable game sales more than double this year

Wii U sales may be struggling but Nintendo's download business is booming. As part of its financial briefing today, Nintendo president Satoru Iwata revealed that the company's downloadable game sales surpassed ¥16 billion ($160.9 million), more than doubling sales of the previous year. Download...

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Zynga sees revenues and users decline in Q1, Draw Something 2 out today

Social game publisher Zynga has revealed financial results for the first quarter of 2013. The company posted revenue of $263.5 million, a significant decline from the $320.9 million posted during the first quarter last year. Zynga saw its user numbers decline as well. Daily active, monthly active...

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Analyst: Black Ops 2 sales a 'cause for concern,' downgrades Activision

Sales of Call of Duty: Black Ops 2 are on a trend to be down 15 percent from last year's launch of Modern Warfare 3, financial analyst Arvind Bhatia of Sterne Agee posits. Modern Warfare 3 sales were down 5 percent from the previous year's Black Ops, and if this scenario plays out again Bhatia...

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THQ in forbearance agreement with Wells Fargo, CFO resigns

THQ is on the edge of a financial cliff, with its stock currently dangling around $1.25, market capitalization at $8.5 million, and corporate heads exploring financial strategies with a private equity broker. Now, THQ's Chief Financial Officer Paul Pucino has resigned, with no one named as his...

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Square Enix sales up, profits down in first half

After releasing its revised forecast for the first half of its fiscal year last week, Square Enix has announced the actual results (PDF). Surprise, surprise, the revised forecasts were right on the money, with the company reporting net sales of ¥61 billion ($760 million) for the six months...

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Square Enix lowers financial forecast in wake of slow sales

Square Enix has revised its financial forecast (PDF) for both the six month period ending September 30 and its fiscal year ending March 31, 2013. Expected sales for the six month period have been reduced from ¥76 billion ($952 million) to ¥61 billion ($763 million). Projected net income for...

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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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THQ vice president steps down

THQ vice president, corporate controller and chief accounting officer Teri Manby officially resigned on June 14, but is scheduled to remain at the company until July 6 to help with the transition, an SEC filing reveals. Rose Cunningham, current senior director of financial reporting, has been...

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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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