Tag Archives: Financials

Zynga CFO departs despite company exceeding financial predictions

Social games firm Zynga has announced the departure of its chief financial officer in spite of the publisher posting financial results exceeding its expectations. Zynga forecasted $155m to $170m for the quarter, and beat these predictions by recording bookings of $176m. This is an increase of $1m year-on-year – in …

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Activision Blizzard increases financial expectations following strong Q3

It continues to be a red letter day for publisher Activision Blizzard. Alongside the announcement of its purchase of Candy Crush firm King, the firm has announced that it made $990m in GAAP net revenue for the quarter ending September 30th 2015. This is up 24 per cent on the …

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Sega financials fall short of reduced forecast

Sega has revealed that it did not do as well financially as it expected – even with a a reduced fiscal predictions. The firm announced it made 154.3bn in net sales (827m) which is down 1.1 per cent on the firm’s previous reduced expectations for the six months ending September …

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Xbox Q1 hardware sales down 17%, but Xbox Live numbers swell

Microsoft has said that combined Xbox One and Xbox 360 shipments for its fiscal Q1 were down 17 per cent year-on-year. The company hasn’t revealed the actual sales figure, though did say the decline was mainly due to falling sales of the older Xbox 360 platform. In the same period …

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King revenue and profits dip year-on-year

Mobile giant King’s revenues and profits have both dipped year-on-year as Candy Crush spending slows. That’s according to the firm’s most recent financial report, which indicates that its revenues dipped 18 per cent year-on-year, representing a drop of $104m. Meanwhile, its profits dropped $46m (28 per cent) year-on-year. In addition, …

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GAME posts strong H2 despite hardware decline

GAME has increased its gross margins for the second half of its financial year As a result, it expects its full year financials to fall in line with expectations. GAME says it has improved its margins and is enjoying a profitable period, despite a decline in hardware revenues. Sales of …

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Apple makes $11bn profit in Q3, but stays quiet on Apple Watch sales

Consumers might be buying fewer iPads, but Apple’s unlikely to run out of money anytime soon. The tech titan has released its financials for its Q3 period, revealing that it generated nearly $11 billion in profit over the last three months. This is a good third higher than the same …

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Watch Dogs success and digital boom see Ubisoft financials fly in 2014

The strength of Ubisoft’s core brands and the growth of its digital offerings have seen the publisher outperform its financial targets for the last year. According to the firm’s full report for the full 2014-2015 financial year, software sales generated €1.46 billion in FY2014-2015, up by 45 per cent compared …

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Sales and income climb at Square Enix

Square Enix has reported an increase in sales and income for the year ending March 2015. Net sales were up 8.3 per cent at 168bn, with operating income up 55.8 per cent at 16bn and net income up 49 per cent at nearly 10bn. In isolation, digital entertainment division sales …

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