Posts tagged losses 
Disney's Interactive Media division reduces losses in Q3
Disney's studio shutdowns may have had at least some of the desired effect: The Disney Interactive Media Group reports that the third quarter has brought decreased losses for the division year-over-year. The group remains the only division in the company operating at a loss, but revenues ...
Ubisoft's first half 2010 financials show improvement, still in the red
The first half of Ubisoft's 2010-11 fiscal year (from April 1, 2010 through September 30, 2010) showed positive growth comparatively with the company's fiscal first half of 2009-10, with sales up 57 percent to €260 million ($354.25 million) over last year. Despite the increased sales, the ...
SouthPeak says CDV dispute is resolved, wasn't cheap
SouthPeak Games CEO Melanie Mroz told investors this week that the ongoing legal argument between her company and distributor CDV has been resolved, and while full terms of the agreement weren't released, SouthPeak attributes a solid chunk of its $5.8 million in losses to the legal issues. Mroz ...
Tecmo Koei lowers profit forecast after Q3 losses
Tecmo Koei has announced that it's lowering its annual operating profit forecast (essentially its guess for how much profit it will bring in before taxes) by a painful 95%. In addition, stock fell 9.5% to 630 yen ($7). This comes after the announcement of disappointing third-quarter losses (PDF ...
Losses, layoffs in EA's Q2 earnings report
EA announced a net loss of $391 million in its Q2 2010, which ended September 2009. The losses have increased from last year's $310 million. In addition, sales, at $788 million, are down $106 million in Q2 2010 from the same period last year. EA CEO John Riccitiello remains positive about EA's ...
PS3 has lost Sony $4.7 billion, may be profitable next year
First the bad news: Sony's recently released FY Q2 2009 financial report included some pretty upsetting figures for investors to witness -- namely, that the company's "Networked Products and Services" division, which includes video game hardware and software sales, reported a ¥58.8 billion (or ...
SouthPeak doubles game sales in 2009 amid dropping profits
Though SouthPeak is keen to point out that its net revenues rose from last year by $7.2 million, the company's profits for the year remain firmly in the red, with a $12.1 million posted loss for the 2009 fiscal year ending June 30. SouthPeak's loss report comes confusingly paired with a 100% ...
Sony reveals restructuring plans to retaliate against massive losses
Sony has stated (via Reuters) that it expects losses from its entire corporation to equal around 260 billion yen for the fiscal year ending March 2009. According to GI.biz, the games division is expected to post increased losses of 30 billion yen ($337 million), though there's no mention of what ...
Sony reveals restructuring plans to retaliate against massive losses
Sony has stated (via Reuters) that it expects losses from its entire corporation to equal around 260 billion yen for the fiscal year ending March 2009. According to GI.biz, the games division is expected to post increased losses of 30 billion yen ($337 million), though there's no mention of what ...
Sega Sammy losses bring layoffs, arcade closings
Life comes at you fast if you're Sega Sammy. Just a couple of years after increased profits had the company rolling in money, the company today announced that it plans to lose a whopping 26 billion yen (approx. $230 million) this fiscal year. Compared to the previous projection of a billion yen ...
