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Posts tagged financials

Square Enix thanks games for 2011's rise in revenue, profit

Deus Ex is leading the revenue revolution for Square Enix, whose digital entertainment -- games -- department in April-December 2011 grew 6.2 percent from the previous fiscal year, totaling $704.7 million in net sales. Games now comprise 56 percent of Square Enix's total revenue, where in the same ...

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Konami net income up 77 percent year-over-year

We're still a couple of months away from the end of fiscal 2012, but the first 9 months of the confusingly offset financial season have treated Konami extremely well: The company reports a 77.3 percent year-over-year increase in net income over fiscal 2011, earning profits of ¥17.05 billion ...

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Rockstar lives up to its name in Q3

Rockstar Games should be partying like, well, itself, according to the stats released in Take-Two's Q3 fiscal report. Rockstar has sold through more than 13 million units of Red Dead Redemption worldwide and more than 5 million units of L.A. Noire since launch. The mobile version of Grand Theft ...

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EA sees $205 million net loss in Q3, rise in social-games users

EA recorded a net loss of $205 million, but its highest operating cash flow in 31 quarters for the fiscal third quarter ending December 31, 2011. In Q3 2011, EA generated $1.06 billion in net revenue, which is up from the previous Q3, with a net revenue of $1.05 billion. EA's cash flow from ...

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Nintendo: 3DS sales prove there's still room for dedicated gaming handhelds

Nintendo President Satoru Iwata believes the company has proven there's still a market for dedicated gaming handheld hardware like the 3DS. In a briefing -- which covered a lot of ground -- Iwata revealed the pictured chart above, comparing internal Nintendo weekly sales data of the Wii, DS and ...

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Nintendo enhances expected loss; 15 million 3DS units sold since launch

Nintendo has once again revised its expected loss for the fiscal year ending in March, widening its forecasted financial misfortune from ¥20 billion ($258M) to ¥65 billion ($839M). The increased loss comes a quarter after Nintendo switched its forecast from a ¥20 billion profit to loss. ...

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Zynga's paid $300 per new user in the past nine months, says analyst

Zynga has been struggling with its stock price since the IPO late last year, and Sterne Agee analyst Arvind Bhatia says there are more dark days ahead. When you compare Zynga's $120 million marketing budget to its recent rise in only 400,000 new players (about $300 a person), the numbers don't look ...

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Activision reports record digital revenue, raises 2011 financial outlook

Activision has reported its financial results for its fiscal third quarter, ended September 30. The company posted revenues of $754 million, up from $745 million during the same period last year and, more importantly, over $100 million more than its original outlook of $650 million. Net income ...

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Nintendo predicts first annual loss since getting on with Donkey Kong

Nintendo has revised its estimate for the fiscal year ending next March from a ¥20 billion ($264M) profit, to a ¥20 billion loss. Bloomberg checked the books and noted this would be Nintendo's first annual loss in over 30 years, its first since becoming a video game juggernaut. The ...

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Gamestop Q2 financials anchored by strong used game and digital sales

GameStop's total sales were down 3.1% in the quarter ending July 30, 2011 -- $1.74 billion in sales this quarter compared to $1.8 billion in the same period last year. A boon for the company has been (get this!) used game and digital sales, which both rose 12 year-over-year, respectively. Digital ...

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