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Posts tagged financial-report

World of Warcraft's Chinese partner sees increase in profit and revenue

Earlier this month, Blizzard claimed that a "disproportionate" amount of its 800,000 lost World of Warcraft subscribers were from the east. While that may be, China is doing quite well with the studio's games. Gamasutra reports that Blizzard's partner in the region, NetEase, posted a "modest...

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NCsoft takes a financial hit in Q3 2013

NCsoft's latest financial earnings report shows that the publisher took a substantial hit in the third quarter of this year. Sales, operating profit, pre-tax income, and net income were all down from both the previous quarter and Q3 2012. NCsoft blamed the dip due on a shuffling of Lineage's...

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Funcom Q1 sales and restructuring keep studio moving forward

If it's not the best news ever, at least we've got some good news from Funcom today. The studio posted its first quarter financial report, showing that it had solid sales and "significant" operating expense savings because of the recent restructuring of its organization. Funcom made over $6.3...

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Perfect World explains third quarter financial performance

It looks like Cryptic Studios is in stable financial hands according to a news blurb at Gamasutra. Parent company Perfect World Entertainment saw a rise in third quarter revenue compared to the same period last year. However, GamesIndustry.biz reports that PWE's net profits declined during the...

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World of Warcraft is doing quite well in China, thank you very much

Earlier this month we heard the news that World of Warcraft's subscriber base took yet another substantial hit, although Blizzard was quick to say that most of these losses were coming from eastern countries like China. It's odd then that we've just received word that World of Warcraft is on the...

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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...

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Funcom publishes sharp revenue drop for Q3

Funcom has released its financial results for Q3, and it's not pretty. Revenue was down 68.5% to 5.7 million USD, and expected to drop even more in Q4. This time last year they were reporting a profit of $3.3 million, a strong contrast to the current $9.6 million loss. They see a few reasons for...

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Funcom's Q1 2009 report shows solid revenue

Funcom has released a report detailing their financials for the first quarter of 2009. They brought in over US$7 million in revenue for the period, and although this figure is slightly less than the previous quarter (but without the disastrous US$23 million depreciation loss), they are pleased with...

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Funcom CFO resigns in wake of $23.3M loss

These are bad times all around in the massively multiplayer online game industry in terms of the economy. The troubles of some companies are still coming to light, as is the case with Funcom. James Lee from GamesIndustry.biz writes that Funcom has reported its Q4 2008 financial results with "an...

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Tabula Rasa goes AWOL from Q1 NCSoft financial reports

When the financial reports for the Q1 performance of NCSoft hit the Massively offices, fingers were quickly pressed to pages with one intent -- finding out what was going on with Richard Garriott's Tabula Rasa. Already this year, we've heard dour reports on the status of the game, which were then...

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