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Posts tagged financials

Sony ups loss forecast to $2 billion following smartphone struggles

Sony is now forecasting a 230 billion yen ($2.15 billion) loss for the fiscal year ending in March 2015, a revision nearly five times more than the company previously projected. The Japanese electronics giant was expecting a 50 billion yen loss, but today it announced it's downgrading the value of...

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Everything's coming up Gamestop in Q2 2014

Global sales, new hardware and software sales, mobile and consumer electronics sales and net earnings were all up year-over-year for GameStop in Q2 2014, according to the company's latest financial statement. Global sales were up 25 percent to $1.73 billion. New hardware sales more than doubled,...

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Square Enix Q1 financial report shows 56.8% leap in net sales

Things are looking up for Square Enix after a successful fiscal quarter that ended on June 30, according to a company financial report. Net sales are up from 24 billion yen (~ $235 million) to 37.8 billion yen (~ $370 million) from the same three-month period last year, a rise of 56.8 percent. ...

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Disney Interactive marvels at a revenue surge in Q3 2014

Disney Interactive, the gaming arm of Disney's multi-appendaged corporate beast, is performing better than last year in the company's third quarter of 2014. Revenue for the Interactive business is up 45 percent to $266 million, while operating income is up from a $58 million loss last year to a $29...

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Take-Two revenue drops 12% in Q1 2015

Take-Two reported $125.4 million in net revenue for the fiscal first quarter of 2015, a three-month period of time that ended on June 30. That represents a 12 percent decline compared to the same quarter last year ($142.7 million), and a 35.8 percent drop from the previous quarter. The publisher...

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Activision exceeds quarterly projections by $60 million in Q2

An Activision Blizzard quarterly report has revealed that the company behind games like World of Warcraft, Hearthstone, the Call of Duty franchise and Skylanders, has earned $970 million in revenue in its second quarter, $60 million more than its previous projection of $910 million. Activision...

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Persona Q: Shadow of the Labyrinth ships 250,000 in Japan

With 250,000 copies shipped in under a month, Persona Q: Shadow of the Labyrinth was a bright light in an otherwise quiet quarter for Sega Sammy, games-wise. It's a solid start for Atlus' 3DS RPG, which should have appeal to both Persona and Etrian Odyssey fans. For comparison, Etrian Odyssey 4...

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Dead Rising sales still good, can't save Capcom's Q1

Capcom's first quarter in the 2014 - 2015 fiscal year starts on a down note, with a 45.1 percent decrease in net sales compared with the previous year. Operating income is up 75.3 percent, while net income is down 7.5 percent year-over-year, Capcom says in its Q1 financial report. Capcom...

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PlayStation 4 sales help Sony post quarterly profit

Sony revealed encouraging quarterly results this morning, with year-on-year sales between April and June boosted primarily by the PlayStation 4's success. The company announced a Q1 net profit of 26.8 billion yen (around $265 million), up no less than 757 percent from the last year's figures. Sales...

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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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