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Posts tagged financials

EA's Ultimate Team card sales grew 60% in the last year

Sales for EA's Ultimate Team modes in FIFA, Madden and NHL grew 60 percent year-over-year on a non-GAAP basis (Generally Accepted Accounting Principles), the publisher noted in its 2014 financial earnings report. Additionally, EA said its Ultimate Team services "generated more than $380 million" in...

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Activision's Q1 2014 is so good it's raising 2014's outlook

Activision's net revenue in Q1 2014 was $1.11 billion, higher than its expected $885 million, but lower than Q1 2013's $1.32 billion. Activision is raising its net revenue outlook for calendar year 2014 from $4 billion to $4.22 billion. "The increase in Activision Blizzard's GAAP outlook for...

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College football settlement costs EA another $8 million

When EA settled its ongoing litigation with student athletes in September 2013 related to its NCAA Basketball and Football video games, its expenses amounted to $40 million. Now, it is tacking on $8 million more in expected expenses for fiscal 2014, bringing the total to $48 million, according to...

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EA net revenue down in Q4, fiscal year 2014 [Update: Titanfall numbers]

EA reported net revenue of $1.12 billion in Q4 2014, down from $1.21 billion in Q4 2013. This marks the end of EA's fiscal year 2014, and its overall net revenue was similarly down, from $3.8 billion in 2013 to $3.58 billion in 2014. Gross profit for the quarter was even with 2013's number at...

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Sony revises forecast, bigger loss following PC business exit

Sony downgraded its forecasts for the fiscal year that ended March 31, following write-downs related to PC and disc manufacturing expenses. After exiting the PC business back in February, the Japanese company expects to record a 30 billion yen loss (around $294 million) on unused components,...

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Capcom investing around $80m into two new R&D buildings

Capcom announced it's spending approximately 8 billion yen, which converts to just under $79 million, on two new research and development buildings located near its head office in Osaka. The investment is part of Capcom's ongoing focus to make more of its development internal and centralized with...

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Ubisoft sees 35% drop in sales

Ubisoft reported 520 million euros ($709.5 million) in sales for the third quarter of the 2013 - 2014 fiscal year, which ended December 31, 2013. The sales represent a 35.2 percent drop year-over-year. Ubisoft reported total sales of 813 million euros ($1.1 billion) for the first nine months of the...

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Assassin's Creed 4 ships 10 million, Rocksmith 2014 hits a low note

Assassin's Creed 4: Black Flag has shipped 10 million units to the high seas, Ubisoft announced in its third quarter 2013 - 2014 report. The Just Dance franchise shipped 6 million units during the third quarter, "positioning it once again as the leading casual game brand for consoles," while...

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Capcom net income slides 10%, Monster Hunter 4 sells 4 million

Capcom reported a net income of 5,957 million yen ($58.3 million) for the first nine months of the fiscal year ending March 31, 2014. This marks a 10.3 percent decrease year-over-year when compared with the net income of 6,645 million yen ($65 million) reported for the first nine months of the last...

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Sonic: Lost World shipped 640,000 copies last year

Sega Sammy revealed Sonic: Lost World shipped 640,000 units across Wii U and 3DS in 2013, as the company looks ahead to the mascot's new guise in the also Nintendo-exclusive Sonic Boom. The figure comes via newly published financial reports for the nine months ending December 31, 2013, in which...

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