Financial

Investors urge GameStop to overhaul retail strategy amid management upheaval

Tiger Management threatens to sell off stake in retailer should GameStop fail to heed its advice

Rovio's Q1 revenues hold steady at €65.7 million, but profitability is rising

Operating profit up 73% to €9.2 million and Angry Birds 2 is growing as mobile firm prepares for rising user acquisition costs

Quarterback raises $2.5 million fan-based esports league platform

Investors included Bitkraft Esports, Crest Capital Ventures, Deep Space Ventures, and Upwest Labs

Tencent posts 59% increase in operating profits in Q1

Gaming giant sees continued profit increases as it preps for Fortnite, PUBG China localization

THQ Nordic posts 673% revenue increase following acquisition of Koch Media

Excluding Koch Media revenue, THQ Nordic still up 64 per cent

NCSoft profits up by 585% to $110m in Q1 2018

Mobile revenue spikes by 1,028 per cent amid mixed overall games performance

GameStop boosted by billionaire hedge fund

Bridgewater Associates ups stake in troubled games retailer, plus new investment from quant firm Renaissance

Teatime Games raises $9 million for mobile gaming communication platform

Funding sources included Supercell investors Index Ventures and Atomico

German mobile game revenue growth surpasses whole market growth in 2017

Mobile sales rose 21% year over year, while the country's overall market revenue rose 15%

Discord triples users to 130 million in one year

The gaming chat platform just closed a $50 million round, which valued the company at $1.65 billion

By Matthew Handrahan

Turtle Beach recovery on track following better-than-expected Q1 2018

Headset vendor up from $10m loss in 2017 to $2m income, thanks to success of Fortnite and PUBG

Chinese streaming firm Huya raises $180m in IPO

Esports broadcast platform meets high-end expectations with value of $12 per share

Star Stable Entertainment hands over "substantial minority" share to Nordisk Film in €15m deal

Deal marks fifth investment in a game developer this year by Nordisk Film

Square Enix reports decreased sales, increased profits

Dragon Quest XI publisher only takes a 2.5% hit to revenues despite 32% dip in software unit sales

Nvidia posts record Q1 revenues as profits soar by 145%

Meanwhile, GPU prices "beginning to normalise" following cyrptocurrency surge

Konami shows record operating profits

Fourth straight year of bottom line growth helps publisher surpass previous 2012 high point; no word on Metal Gear Survive performance

Nexon more than doubled profits in Q1

Pixelberry acquisition boosted North American revenue, but Korea remains Nexon's source of strength

By Matthew Handrahan

Bandai Namco sees game sales up 14%

Company's full-year results show strong gains in revenues, units sold over previous year

By Brendan Sinclair

Starbreeze doubled revenue in Q1 on Dead by Daylight sale

The Swedish company narrowed its losses, invested $7.7m in Mohawk Games' 10 Crowns

By Matthew Handrahan

Monster Hunter: World drives Capcom's most profitable year ever

Fantasy action game has now sold 7.9 million units, offsetting "worsened conditions" in amusement market

Chinese games market expected to reach $42bn revenue by 2022

Increase in number of female users puts China on path to 720 million gamers

Activision share price wounded following "extraordinary error" by Dow Jones

Confusion overshadowed record Q1 revenue for publisher; stock value down 2.3 per cent by market close

Activision Blizzard posts record Q1

Call of Duty: WWII helps drive Activision business even as engagement metrics drop for King and Blizzard

By Brendan Sinclair

Zynga posts $5.6m profit last quarter after predicting $9.5m loss

Meanwhile, company founder Mark Pincus reduces personal voting power from 70 per cent to ten per cent