Posts tagged finances 
EA reveals SWTOR subscription and sales numbers, beats financial predictions [Updated]
It looks like Star Wars: The Old Republic didn't let its daddy down, as EA has reported much better sales than expected for the December quarter, largely thanks to the runaway sales of the new MMO title (as well as many of EA's other heavy-hitters). The company ended up earning an adjusted $344 ...
Electronic Arts stock drops because of SWTOR fumbles
Electronic Arts' stock appears to be in a bit of trouble following Star Wars: The Old Republic's launch. The company's shares fell by almost 3% to $17.75 US this morning after a stock analyst working with Brean Murray Carret & Co. "cut his price target on the stock to $22 [US] from $28 ...
RIFT revenues reached $100 million in 2011, Trion secures new funding
How successful is RIFT? That's hard to say without knowing how much it cost, but it's safe to assume that Trion executives are smiling after the game generated $100 million in revenue in only 10 months. CEO Lars Buttler told Reuters that the company is still considering an initial public stock ...
Zynga reports record revenue in last quarter
A recent SEC filing from Zynga, creator of the social gaming epidemic known as FarmVille, revealed that the company is reporting a record quarterly revenue of over 306 million USD, though -- bizarrely enough -- profits are almost 54 percent lower than they were this time last year. Revenue ...
ChangYou reports impressive profit and revenue gains
It's been a great year for ChangYou, and the Chinese developer responsible for Tian Long Ba Bu and Duke of Mount Deer recently reported its fifth consecutive double digit growth quarter. Tian Long Ba Bu has seen two successful expansion packs thus far in 2011, with a third scheduled for ...
Fallout Online's future in jeopardy as Interplay's finances suffer
There's a bad moon a risin' for all you MMO-playing Vault-dwellers out there. Fallout Online, the in-development MMO from Interplay, has been through some rough waters already, but it looks like the situation may be about to go from bad to -- pardon the pun -- apocalyptic. A recent SEC ...
Square-Enix bracing for big financial losses
By all accounts, Square-Enix has had a rough year. Lukewarm reception of its Final Fantasy XIV MMORPG last fall, followed by the devastating Japanese earthquake and tsunami this spring, have conspired to paint a bleak portrait of the gaming giant's immediate financial future. Gamespot reports ...
Rumor: Realtime Worlds lays off staff, puts APB up for sale [Updated]
Tweet var digg_url = 'http://digg.com/gaming_news/Rumor_Realtime_Worlds_lays_off_staff_puts_APB_up_for_sale'; One of the most recent MMOs to hit the market is already in deep trouble, according to multiple reports popping up over the internet. According to unconfirmed rumors, Realtime Worlds has ...
Update: 38 Studios sets facts straight on Copernicus
In a follow-up to our story posted yesterday, 38 Studios has contacted us with a response on the issue of the game's cost to be between 50 million and 100 million and their "tenative release date" as reported by the Boston Globe. According to 38 Studios, the 50 to 100 million figure came from the ...
Rumors abound of a massive layoff at Mythic Entertainment
Joystiq is reporting today that Mythic Entertainment has been hit by another round of layoffs, this one much more substantial than the first. Using information corroborated by Massively.com sources, they're reporting that anywhere between 60 and 130 people have been let go from the company. Unlike ...
