Follow us on:

Posts tagged fy-2012

THQ sees net loss of $239.9 million, still in business

THQ saw a net loss of $239.9 million for the fiscal year ending March 31, 2012, $100 million more than the previous fiscal year's loss of $136.1 million. "We have made significant changes to our business, and are on track to execute our strategy of delivering quality connected core gaming...

Continue Reading

South Park: The Game delayed to early 2013

South Park: The Game was originally announced with a launch in the second half of 2012, but it has been pushed to Q4 of FY2013, THQ's financial statement reveals. THQ's financial years run April through March, putting the new launch window in early 2013 territory. Developer Obsidian Entertainment...

Continue Reading

Ubisoft profits in 2012, 'core gamers' drive rise in sales

Ubisoft ended the 2012 financial year on the up, reporting a gross profit of €718 million ($917 million) and sales up 2.1 percent to €1 billion ($1.4 billion) year-over-year, according to its financial results for 2011-2012. Ubisoft ended fiscal 2011-12 with net income of €37.3...

Continue Reading

Sony shares drop to 31-year low in Japan, 19-year low in US

Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37. Sony CEO Kaz Hirai...

Continue Reading

Namco Bandai has solid fiscal year thanks to Dark Souls, arcade sales

Namco Bandai saw a net income of 1.9 billion yen ($24 million) in its fiscal year 2012, with help from strong US sales of Dark Souls and Ace Combat Assault Horizon. Dark Souls sold 1.19 million units across the US and Europe, while Ace Combat Assault Horizon sold 1.07 million units in Japan, the US...

Continue Reading

EA has 11 million strong on Origin, made $150 million in ten months

EA's Origin service has a registered 11 million members and has generated $150 million in non-GAAP revenue during the fiscal year from March 31, 2011 to April 1 this year, EA reports. EA's Nucleus, its cross-platform community network, now has 220 million members, EA says. EA recently allowed all...

Continue Reading

EA spending $80 million on next-gen development over next year

According to EA's results for fiscal 2012, the period from April 1, 2011 through March 31, 2012, it's been a good year. The publisher saw growth across many sectors, but perhaps most surprising was talk of investing $80 million in development of games for "Gen4 console systems" over the next 12...

Continue Reading

THQ earnings forecast improves due to Saints Row 3 sales, DLC

Are you ready for this? It's ... good news about THQ's finances. The company is revising its earnings forecast for the quarter ending March 31, now reporting expectations of "non-GAAP net sales of $160 million to $170 million, which is above the company's previous outlook of non-GAAP net sales in...

Continue Reading

Sega's home game division posts losses, Mario & Sonic a bright spot

Sega's "Game Contents" division (i.e. home video games) was down 5.1% for the nine-month period ending December 31, with the company reporting 63.5 billion yen ($833 million) in net game sales from the division ... and 5.5 billion yen in total losses. As for reasoning, Sega said only that "in the...

Continue Reading

THQ no longer manufacturing uDraw hardware

THQ will no longer manufacture uDraw hardware, according to its fiscal 2012 third quarter financial report. "Sales of the uDraw GameTablet and related software, and other titles in the kids, family and casual category were far weaker than anticipated, substantially reducing our financial results...

Continue Reading


Featured Stories

Image

Destiny State of Service: Launch Day

Posted on Sep 11th 2014 1:31PM

Image

How PlayStation Plus went from maybe to must-have

Posted on Sep 11th 2014 11:00AM

Engadget

Engadget

TUAW

TUAW

Massively

Massively

WoW

WoW