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Posts tagged financial-report

THQ records turnaround fiscal year, still loses $9m

THQ lost $9.6 million in its 2010 fiscal year (ending March 31), but that's nothing compared to the $431.1 million it lost the previous fiscal year. Yeah, we'd say this qualifies as a decent start in the company's proposed turnaround. THQ's software sales rose 8 percent this past fiscal year, which...

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Take-Two revenue up $14m, laying off 15% of execs

Take-Two has released its fiscal 2010 Q1 financial report, dropping always thrilling financial news on us about the company's performance between November 1, 2009 and January 31, 2010. Aside from a $13.8 million year-over-year increase in net revenue ($163.2 million this year over $149.4 million la...

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Activision reports $113m in profits for 2009; 2010 game plan is predictable

Today Activision Blizzard reported the financial results of its December quarter and the entire 2009 calendar year. For the year, Activision recorded a net income of $113 million, a modest turnaround from the $107 million in net losses for the company in 2008. Led by sales of Modern Warfare 2, all ...

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Disney Interactive to be more 'judicious' with HD games as losses abate

Though Disney's gaming division saw improved operating results during the company's first fiscal quarter of 2010 (which ended January 2) -- a loss of $10 million compared to a $45 million loss in Q1 the previous fiscal year -- CEO Robert Iger has maintained a prudent stance on upcoming projects. ...

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EA loses $82 million in fiscal Q3 2010, revenue down 25%

Right off the bat, you should know this: for EA, losing $82 million in the third quarter of a fiscal year is an enormous improvement. Compared to the same period last year ("Q3" for EA is October 1 – December 31), the company lost 559 million fewer actual physical dollars. Yes, really. Now th...

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Bayonetta moves 1.1m units in Sega fiscal Q3 2010 results

After surviving harrowing losses of ¥22.8 billion (nearly $254.8 million) during its fiscal year 2009, Sega Sammy Holdings (parent company to Sega, which you've probably sussed out) has managed to revive its faltering bottom line. According to the company's latest financial report, Sega Sammy b...

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Capcom Q3 2009 financials reveal monster sales of Monster Hunter Tri

If you're anything like us, you immediately tore into the recently released Capcom Q3 2009 financial report looking for the number of Mario Party Fushigi no Korokoro Catcher arcade machines the company sold in the last nine months of 2009 (80, in case you were wondering) only to find a wealth of in...

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DS sells 125 million worldwide, Wii up to 67 million

Nintendo announced its earnings for the nine-month period from April to December 2009, reporting a 23.8% year-over-year drop in net sales from the same period in 2008 but still claiming "the third best corresponding performances in company history." That's the extremely mild downside of the kind of ...

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Ubisoft to 'refocus' on Xbox 360, PS3 and 'major franchises'

As Ubisoft today sent its financial forecast soaring downward for the fiscal year ending March 31, 2010, CEO Yves Guillemot pledged to steer the company away from the suffering casual market. Specifically, "with a view to further reducing our exposure to the DS, we intend to continue to refocus our...

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Take-Two strikes out with MLB games

Take-Two has released "preliminary" earnings results for its fourth quarter and fiscal year (ending October 31, 2009), blaming a $.09 a share slump on poor sales of its Major League Baseball games. It seems the publisher might have been misled by the commonly held misconception that baseball is the ...

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