Tag Archives: financial results

Atari says it has steadied its rocky financial performances with a very slight year-on-year sales decline of 1.2% for the nine months ended December 31. The firm was helped by a strong performance in the U.S, which offset declines in Europe. European operations were down by 52.5% to €13.8 million …

During its post-fiscals conference call, Activision became the latest publisher to ring the death knell for big-bundle, hardware-based music games. The firm will release just two console games in 2010, across 10 SKUs. Music games accounted for 25 SKUs in 2009, when it launched the likes ofGuitar Hero 5 and …

Disney Interactive suffered an expected 29 per cent decrease in sales during the final three months of 2009. The Disney arm reported revenues falling to $221 million, while operating profit results showed a $10 million loss. Those losses, however, represent an improvement for the business, with last year’s losses as …

U.S. peripherals manufacturer Mad Catz has announced a Q3 jump in sales of 19 percent, from $41 million to $49 million. For the quarter ended Dec 31, the firm scored gross profits of $16 million, up 51% from $10.5 million in the same quarter of the prior year. Margins are …

Electronic Arts has warned of lower-than-anticipated earnings for the year ahead. Reporting its financials, the company told investors to expectrevenue of between $3.65 billion and $3.9 billion for the year ending March 2011. Wall Street had targeted over $4 billion. Its fiscal results for Q3 offered some positives, following a …

Reporting slight profits for its Q3, THQ has slashed 60 jobs and announced plans to realign some of its studios towards digital distribution platforms. The company reported profits of $542,000, compared to a loss of $192 million for the same period last year. Sales were flat at $357 million. The …

Electronic Arts boss John Riccitiello has claimed negative press contributed to recent slumps in the publisher’s stock. Speaking to Industry Gamers, the CEO went on to describe how coverage of the firm’s Q2 and first half results has also been damaged employee morale. A lot of negative articles were written …

Despite announcing a drastic drop in sales for its half-year, and a loss of 78m euros, Ubisoft says strong sales of Assassin’s Creed II – up 32 per cent on the original game in its first week – point to a bright future for big name franchises. The firm’s R&D …

Slower sales of hardware were blamed on the dip, but overall Gamestop enjoyed a decent quarter. Sales rose 8.2% to $1.83 billion, while profits rose from $46.7 million to $52.2 million. As the economy suffered, used game sales were up 20 percent, but new game sales also saw a jump …

Activision Blizzard has excelled expectations by posting revenues of $981 million for its first quarter in 2009, along with profits rising to $189 million, all driven by a strong slate lucrative franchises such as Guitar Hero, Call of Duty, and World of Warcraft. Those figures had smashed analyst expectations, as …