Posts Tagged ‘Financials’

Gamestop Financials; Reports First Quarter 2012 Results

Gamestop Financials; Reports First Quarter 2012 Results

GameStop Corp today reported sales and earnings for the first quarter ended April 28, 2012. The corporation saw global sales for the first quarter of 2012 fall to $2.00 billion compared to $2.28 billion in the prior year quarter, a decrease of 12.2%. GameStop’s net earnings for the first quarter were $72.5 million compared to net earnings of $80.4 million in the prior year quarter. Diluted earn...

[Updated] Devil’s Third “no longer fits THQ’s profile”; future in limbo

[Updated] Devil’s Third “no longer fits THQ’s profile”; future in limbo

As part of their Q4 2012 and year end results and investor call today, THQ have announced that the future of Devil’s Third is currently in doubt. The publisher has stated that they are “currently in discussion” with other companies and third parties regarding the third person shooter/ action adventure title designed by Tomonobu Itagaki; it no longer fits “their profileR...

THQ Financials; posts Fiscal 2012 Fourth Quarter and Year End Results

THQ Financials; posts Fiscal 2012 Fourth Quarter and Year End Results

THQ today reported financial results for the fourth quarter and fiscal year ended March 31, 2012. Q4 net sales were $170.7 million, with Q4 earnings (loss) per share at $0.12 “We exceeded our initial fourth quarter guidance for net sales, earnings and cash position, driven by high quality core games with a significant digital component, which is the blueprint for our future. We have made sign...

Assassin’s Creed Revelations reaches 7.2 million sales

Assassin’s Creed Revelations reaches 7.2 million sales

As part of their full year 2011-2012 financial results and investor call, Ubisoft have revealed that Assassin’s Creed Revelations has matched the sales figure of its predecessor at 7.2 million units as of March 31st 2012. Assassin’s Creed Brotherhood reached the same sales figure at the same point last year. Ubisoft have stated that the milstone was “an excellent showing from As...

Ubisoft Financials; posts full year 2011-2012 results

Ubisoft Financials; posts full year 2011-2012 results

Today, Ubisoft released its sales and earnings figures for the fiscal year ended March 31, 2012. Full-year sales for 2011-12 totaled €1,061 million, up 2.1% compared with the €1,039 million recorded for 2010-11. Sales for the fourth quarter of 2011-12 came to €161 million versus €178 million in the corresponding prior-year period, representing a decrease of 9.6%. Fourth-quarter sales wer...

Activision Financials; reports First Quarter 2012 Net Revenues and Earnings

Activision Financials; reports First Quarter 2012 Net Revenues and Earnings

Activision Blizzard today announced better-than-expected financial results for the first quarter of 2012. For the quarter ended March 31, 2012 , Activision Blizzard ‘s GAAP net revenues were $1.17 billion , as compared with $1.45 billion for the first quarter of 2011. For the first quarter, GAAP net revenues from digital channels represented 27% of the company’s total revenues. “Our better...

EA to cut workforce as focus on digital growth sharpens

EA to cut workforce as focus on digital growth sharpens

EA have initiated a restructuring plan which aims to reduce its workforce while spending approximately $40 million this fiscal year in an effort to focus more on the digital gaming market. The publisher filed an 8-K form with the SEC which set out its plan today.The $40 million breaks down as follows: $23 million on severance and other employee related costs $11 million on license termination co...

EA Financials – Reports Q4 and FY12 financial results

EA Financials – Reports Q4 and FY12 financial results

Electronic Arts today announced preliminary financial results for its fourth fiscal quarter and fiscal year ended March 31, 2012. “We are proud to report a strong quarter and a fiscal year highlighted with $1.2 billion of digital revenue. In the coming year, we break away from the pack, with a very different profile than the traditional game companies and capabilities that none of our new digit...

E3 2012: No THQ booth at Expo this year

E3 2012: No THQ booth at Expo this year

THQ will have no booth or stand at this year’s E3 Expo in LA. In a statement given to Gamer.NL, the publisher had this to say: “Although we have opted not to set up a stand (at E3) this year, we will still be present at the show through our business and media center, as well as activities with/through our first-parties.” ~ translated Given THQ’s very public woes earlier ...

THQ to exceed expectations for Q4 Fiscal Year 2012

THQ to exceed expectations for Q4 Fiscal Year 2012

THQ today provided preliminary, financial results for the fourth quarter ended March 31, 2012. The publisher expects to report net sales of $160 million to $170 million, which is above the company’s previous outlook in the range of $130 million to $150 million. Revised net sales expectations reflect: continued strong net sales of Saints Row: The Third, which to date has shipped in more tha...