News from: Massively.com
Filed under: Lineage, MMO Industry, Guild Wars 2, Blade & Soul, Miscellaneous, WildStar
NCsoft's latest financial earnings report shows that the publisher took a substantial hit in the third quarter of this year.
Sales, operating profit, pre-tax income, and net income were all down from both the previous quarter and Q3 2012. NCsoft blamed the dip due on a shuffling of Lineage's in-game sales from third to fourth quarter. Guild Wars 2 once again dropped in sales, while Blade and Soul came out the best in the report, seeing an uptick in sales thanks to a recent content update.
Higher expenses were also to blame for NCsoft's lower profit margin, including an increased WildStar marketing campaign and relocating headquarters. Quarter-over-quarter, sales were down across most of NCsoft's subsidiaries save for NCsoft Taiwan and Ntreev Soft, which both saw a bump in sales.
[Thanks to Sharvis for the tip! And note, the unit on the Y axes is million South Korean won, not US dollars.]Permalink | Email this | Comments
NCsoft takes a financial hit in Q3 2013 originally appeared on Massively on Fri, 15 Nov 2013 15:00:00 EST. Please see our terms for use of feeds.
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