Tag Archives: financial

Overall company profits rise, but game division loses $55 million

Though some market-leading military shooters have experienced a turbulent start to 2010, the success story that is EA’s Battlefield franchise continues to power on. As part of its financial posting, the publisher revealed that console and PC outing Battlefield: Bad Company 2 has sold over 5m units worldwide. Riccitiello said …

Publisher Namco Bandai has reported a $312m loss for the fiscal year ending March 31st 2010, a sharp dip from the $126m profit reported in the year before. Revenues hit $4.1bn, down 11 per cent year-on-year. Its video games operations saw revenues of $1.5bn but suffered an operating loss of …

Nintendo has reported an 18 per cent decline in net income for the year ending March 31st 2010 at $2.45bn. Revenue was $1.53bn – a decline of 22 per cent. It’s Nintendo’s first full-year annual decline in six years, but is also the third most profitable year in the company’s …

Though job losses are no laughing matter, it’s impossible to believe that EA isn’t taking at least a little pleasure from the current firestorm engulfing Modern Warfare developer and Activision-owned developer Infinity Ward – particularly as the two men at the heart of it are now members of camp EA. …

Electronic retailer Best Buy has announced a 24.5 per cent increase in gross profit of $12.2bn for its fiscal year ending February 27. The retailer posted gross revenue for the year at $49.7bn – a ten per cent increase on last year’s figure. Online sales were also up 20 per …

Global games retailer GameStop has posted like-for-like sales decreases of 7.9 per cent for both the financial quarter ending January 30th and fiscal 2009, though it still ranks as the retailer’s second best year ever. Sales of new software enjoyed a 1.2 per cent overall increase, and the chain pledged …

US publisher Majesco has reported net revenues of $29.2m for its first quarter ending January 31st – down from the $32.8m seen in the same period in 2009. Operating income hit $2.5m in the period compared to the $3.7m reported last year. Net income fell from $4.2m to $3.8m. The …

French publisher Ubisoft has reported sales of €661m for the nine months ending December 2009, a 22.5 per cent year-on-year decrease. Sales for its Q3 hit €495m, down just 2.7 per cent compared to the same period in 2008. 48 per cent of sales in the period came from the …

Square Enix has reported an operating income of YEN 21.4bn for the nine months ending December 31st 2009, a jump of 67.7 per cent year-on-year. Net sales for the period were up 30.0 per cent at YEN 135bn. Its games operations in isolation saw net sales jump 97 per cent …