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MapleStory and Dungeon & Fighter shatter expectations to drive Nexon’s Q1 2019 results

MapleStory and Dungeon & Fighter shatter expectations to drive Nexon’s Q1 2019 results

Success in China and South Korea have driven strong results for Nexon in Q1 2019.

The Japanese-Korean publisher posted record-breaking revenue for quarter, exceeding outlooks to earn $849 million (¥93.1 billion) for the period ending March 31st - a three per cent year-over-year rise.

Operating Income hit $480 million (¥52.6 billion), with net income reaching $487 million (¥53.4 billion). Both exceeded expectations.

Quest complete

Nexon CEO Owen Mahoney credited Dungeon & Fighter’s success in China as one of the drivers for the strong results, with the battler exceeding expectations.

Additionally, several games surpassed expectations in South Korea, including MapleStory, FIFA Online 4 and Lyn: The Lightbringer.

Nexon is hopeful going forwards, predicting a nine to 19 per cent year-over-year revenue increase for the coming quarter.

“Nexon’s strong start to 2019 is a result of our tireless innovation in live services and game development, as well as long-term focus on our wholly-owned intellectual properties,” said Nexon CEO Owen Mahoney.

“We have continued growing our business around the globe through outstanding live operations and development.”


Staff Writer

Natalie Clayton is an Edinburgh-based freelance writer and game developer. Besides PCGamesInsider and Pocketgamer.biz, she's written across the games media landscape and was named in the 2018 GamesIndustry.biz 100 Rising Star list.

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