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Posts tagged financials

Ubisoft reports first-quarter growth of 374%, bolstered by Watch Dogs

Ubisoft announced its financial results for the fiscal quarter ending on June 30, revealing that it has shipped more than 8 million copies of its hacking-themed sandbox action game Watch Dogs to date. Reporting €360 million (approximately $490 million) in sales for the first quarter of...

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GameStop sees increased Xbox One interest following price drop reveal

GameStop President Tony Bartel noted an increased interest for Microsoft's Xbox One following the hardware manufacturer's recent decision to change course and package the console without the Kinect camera peripheral. "I definitely think we're already seeing in our stores with our reservation...

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Ubisoft's digital sales jump 32% in fiscal 2014

Ubisoft reported digital sales of 195 million euros ($266.6 million) for the financial year ending March 31, 2014. That represents a 32 percent increase over last year's 148 million euros ($202.3 million) in sales for the segment, which includes digitally-distributed games as well as downloadable...

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Ubisoft sales down 20 percent from last year

Ubisoft failed to meet its projected earnings in fiscal year 2013-2014, with a loss of €49.3 million ($68 million), down from last year's profit of €69.2 million ($95 million). Ubisoft attributed its loss in part to operating costs, purchases, business acquisitions and sales of Gameloft...

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Assassin's Creed 4 ships 11 million copies

Assassin's Creed 4: Black Flag shipped 11 million copies to date, including digital sales, Ubisoft revealed in its full-year 2013-2014 earnings report. That's one million more units than Ubisoft sent to retail as of February. It's the latest in the publisher's successful series, which achieved...

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Sony forecasts fifth annual loss in six years

Sony expects to post a 50 billion yen net loss (around $490 million) in the current fiscal year, making it five annual losses across the last six years. The projection is a significant improvement from the 128.4 billion yen loss ($1.26 billion) Sony posted today for the year ending March 31, 2014,...

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NBA 2K Online reaches 19 million registered ballers in China

While Take-Two was busy counting its fat stacks of cash following its healthy fiscal 2014 financial report, it also noted milestones in its collaborative efforts overseas. Namely, CEO Strauss Zelnick revealed during the company's call with investors today that "usage and player engagement with NBA...

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Take-Two makes it rain $1 billion more in fiscal 2014

Take-Two reported net revenue of $2.35 billion for fiscal 2014 (the year ending March 31, 2014), a 94 percent growth from its reported revenue of $1.21 billion in 2013. It also reported a net income of $361.7 million, which compares rather favorably to the net loss of $31.2 million it suffered last...

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Report: Sony top brass to take pay cut

Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to...

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Dragon Quest X 'under consideration' for overseas markets

Square Enix is mulling over bringing Dragon Quest X overseas, although it's unclear if that includes markets in the West. In today's financial results briefing, the company discussed the Wii, Wii U and PC MMO in a section titled "Expansion of Overseas Businesses, primarily in Asia." However, no...

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