Bandai Namco has released its first quarter financial results, recording a significant increase in both net sales and profits. For the three months ended June 30, 2024, net sales increased 24.8% year-on-year to ¥280 billion (USD 1.9 billion), while profit increased 56.3% to ¥34 billion (USD 233 million). The publisher saw a surge in digital … Read more
Paradox Interactive's earnings dropped significantly by 90% following the cancellation of Life By You. The publisher released its second-quarter financial results on Thursday, in which its profit fell to 28.9 million Swedish kronor ($2.6 million) compared with 292.9 million Swedish kronor ($27.1 million) during the same period last year. Amortization of development costs for Life … Read more
Square Enix released its financial earnings for the three months ended June 30, 2024, reporting a significant decrease in net sales compared to the previous fiscal quarter. The publisher attributed the drop in its digital entertainment revenue, which encompasses its video game business, to a decline in sales of new titles in the first quarter … Read more