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Posts tagged q3

THQ reveals $56 million loss in Q3

THQ CEO Brian Farrell started yesterday's third quarter earnings call with investors by saying, "On our last call we told you we anticipated that our third quarter would be the largest in our company's history. Unfortunately, we were wrong." The company announced a $56 million loss for the quarter...

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Take-Two Q3 financials down year-over-year, still within predictions

Take-Two Interactive has released its financial figures for the third quarter of fiscal 2012, which ended on December 31, 2011. While "in line" with the publisher's predictions, results are down when compared year-over-year to the same period in fiscal 2011. During Q3 2012, Take-Two's net revenue...

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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...

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Sony plans on $2.9 billion loss for the year

When Kaz Hirai takes over as CEO of Sony on April 1st, he's going to have to roll up the sleeves of his $10,000 suit and get in a good cry before figuring out the future of the struggling giant. The company announced a loss of ¥159 billion ($2.1B) for the third quarter ending December 31, 2011,...

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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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EA was No. 1 game publisher on App Store in December, mobile revenue up over last year

EA's continuing efforts in the mobile space are paying off. Thanks to a ridiculous sale in December, the publisher managed to best all competitors and become the top publisher in the App Store throughout December. The Sims: FreePlay was the top-grossing iPad app. The news comes from the company's...

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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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Ubisoft sales up in Q3, year-end forecast raised

Ubisoft estimates sales reached €650 million ($831M), up 8% from the same period last year, during its third fiscal quarter spanning the holiday months. At the same time, Ubi revised its estimate for the full fiscal year, ending in March, to between €1.05 and €1.08 billion...

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THQ lays off 30 Play THQ employees

The business world, like the rest of the world, is a cruel and unforgiving mistress. Following the "weaker than expected" sales figures achieved by THQ's uDraw tablet during the third quarter of the 2012 fiscal year, THQ has let go 30 members of its Play THQ team; the Agoura Hills unit...

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