News Archive: Financial
In this section you can look back on older stories that have appeared either recently as listed in order of most recent below, or using the calendar to navigate and look at certain dates.
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28th May, 2008
New subscribers will counter profit fall, says NCsoft boss
Geoff Heath insists the company doesn't need any new titles this year and its existing portfolio will improve on Q1 43 per cent fall in profit
27th May, 2008
Future reports fall in profits and revenues down
Financial results for the half-year show a fall in revenue and profit, but a rise in advertising revenue
22nd May, 2008
Ubisoft reports $173 million FY 2008 net profits
Ubisoft's net profits more than doubled between 2007 and 2008, boosted by the sale of its stake in Gameloft
Videogames sales boost retail
The Office for National Statistics has acknowledged the games industry's role in slowing the decline in consumer spending
Conspiracy reports $7m loss despite growth
The company saw its operating revenue rise but was hampered by a large expense associated with its stock price
21st May, 2008
Resident Evil helps profits climb 33 per cent for Capcom
Devil May Cry also singled out as videogames business performs well for Japanese publisher
16th May, 2008
Konami reveals $2.8bn in revenues for '08
Japanese company shows growth in revenue and operating income
15th May, 2008
NCsoft net profit down 43% on write-off
NCsoft has released Q1 financial results, reporting a drop in net profit of 43% related to a write-off of development costs
Vivendi Games Q1 revenue down 24.1 per cent
Vivendi Games' Q1 revenue - 86.8 per cent coming from Blizzard - was down 24.1 per cent from Q1 2007
14th May, 2008
NORDIC: 3 Lives Left awarded $125k grant
The Denmark developer was awarded the sum at the Nordic Game Conference for its title The Ark
Sega reports international sales growth
Figures reveal that overseas markets account for 23.5 per cent of the company's net sales
Sega Sammy reports $499m loss
The company has released results for the financial year showing plummeting revenues
Europe becomes Sony's biggest market
North America and Japan see slight shrinkage year-on-year, while Europe and other territories show significant growth
Sony expects games business to edge towards profit
Reduction in manufacturing costs to play a crucial part in the next financial year
PS3 sales topped 9 million in fiscal 2008
PSP sales also strong, although software for the handheld remained flat year-on-year
Sony sees revenues and profits rise
Full year financial results shows increased sales and the videogame business halved its loss over last year
13th May, 2008
Sony platforms dominated EA fiscal Q4 2008 sales
Publisher numbers reveal that the PS2 and PS3 accounted for 61 per cent of all console revenue generated
EA reports 15 double platinum titles in 2008
Company also confirms that it was the number one publisher across all platforms
EA's Q4 revenues up, but losses widen
Publisher posts financial results noting USD 1.13 billion in Q4 revenues, and USD 3.67 billion for the year
Funcom posts cautious Q1 figures
Publisher's financials are on track, but the company notes risks ahead of huge Age of Conan launch
9th May, 2008
Trading suspended for Atari as Nasdaq delists company
Publisher is expected to request a review but may end up being quoted on the Pink Sheets
8th May, 2008
Playlogic reports $0.7 million Q1 profit
Playlogic has reported Q1 2008 net profit of $0.7 million, a slight decrease from the prior year
7th May, 2008
THQ to cut 200 jobs
CEO Colin Slade says cost cutting and restructuring are needed to recover from recently reported losses
6th May, 2008
THQ reports $35.3 million loss
THQ has announced results for the fourth quarter and full fiscal year - both showing a loss in the $35 million range
5th May, 2008
Midway reports $34 million Q1 loss
Midway has reported Q1 financial results, with revenues exceeding guidance but a net loss of USD 34 million
2nd May, 2008
Sony's videogame unit to shrink losses
Corporation's overall profits expected to increase fivefold, but still miss targets
