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Posts tagged financials

Nintendo posts $97M quarterly loss, despite Mario Kart 8 racing off shelves

Mario Kart 8 enjoyed a great attach rate with shipments of 2.82 million by the end of June, but the vast majority of its success can be attributed to existing Wii U owners and not new buyers. Nintendo shipped 510,000 units of its home console across April to June, a quarter in which the company...

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Microsoft's Xbox revenue up 14% thanks to console sales

Microsoft reported an increase in revenue for the Xbox platform to the tune of $104 million, or 14 percent, in its fourth quarter results (ending June 30). Xbox One and Xbox 360 sales teamed with the company's Surface sales to boost its Computing and Gaming Hardware category by 23 percent for the...

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EA's revenue climbs to $1.21 billion in Q1 2015

Electronic Arts reported a net revenue of $1.21 billion for the first quarter of the fiscal 2015 year (a three-month period that ended on June 30). That represents just over an eight percent increase compared to the company's revenue in the previous quarter ($1.12 billion) and a 27.9 percent...

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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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