Double Trouble
THQ Nordic acquires Goat Simulator dev Coffee Stain and Wreckfest maker Bugbear
A steady string of purchases leave the publisher in a strong end-of-quarter position
Financials
Tough quarter for Next Games as losses hit $12m and Our World is beset by "technical challenges"
Walking Dead titles said to be profitable, but lack of cash could hold back future development
Crushed
Revenues at Candy Crush dev King fall by $22m year-on-year
Monthly active users grew to 262 million, however
Summoned
Overseas sales accounts for 83% of Com2uS’ $106.7m total sales figure for Q3
Profits for the third quarter came in at $33.8 million
Result
Glu Mobile steps closer to profitability as it cuts losses to $0.3 million in Q3 2018
The result is a significant step up from an $11.7 million loss in the same period last year
Oops
Mobile underperforms as Square Enix posts $33m loss in half-year result
Restructuring at the recently-formed Luminous Studios blamed for the sharp decline
Stall
Madden Mobile and underperforming titles are holding back EA’s "stalled” mobile business
EA isn’t phased as it sees this year as a preparation for future handheld success
Get Bigger Faster
Frank Gibeau on how IP licensing will help Zynga to the next level
Jetfuel for the mobile generation
Gains
Ubisoft's Yves Guillemot: Asia mobile segment "growing significantly"
Digital and back catalogue drive French firm's H1 18/19 financials
Up
Animoca Brands Q3 revenue rises 283 per cent year-over-year following Crazy success
The Chinese firm has also consolidated its position in blockchain through a string of investments and acquisitions
Studio Woes
Telltale Games lays off majority of staff ahead of studio closure
A summary of last week's news: makers of episodic games trimmed to a skeleton staff
Surprise!
Keywords acquires The Trailer Farm and Sound Lab
Firm made $128.6m for the six months ending June 30th
Not So Angry
Angry Birds 2 bookings grow 44 per cent to reach a record $33.9m in Q2 2018
But Rovio’s financial report sees a slump in the wake of last year’s movie successes
Financial
South Korean publisher Com2us posts over $100m in earnings for the 11th consecutive quarter
Summoners War creator reports a 9 per cent sales increase since last quarter
Finance
Tencent reports a quarterly drop in mobile revenue, but across the board business is booming
Mobile games revenue took a blow from “transient factors”
Oh No
Netmarble shares plummet to all-time low as Lineage 2 popularity fades
Shares dropped 11.27 per cent on August 9th to close at 126,000 won
Financials
Square Enix profits drop after three months with no new games and new mobile titles fail to perform
Three-month financial results show a slow quarter for the Japanese publisher
Diverse
Mobile diversification strategy helps drive NetEase to $2.5 billion revenue for 2Q18
Horror game Identity V and battle royale title Knives Out were namechecked specifically
Decline Continues
GungHo revenue and profits fall again as publisher struggles to replace Puzzle & Dragons
New release Yo-Kai Watch World surpasses one million downloads
Crushing It
Candy Crush developer King has made more than $1 billion so far this year
Monthly active users for King's portfolio hit 270 million
Report
Keywords half-year pre-tax profits up 66% to $18.43m
All 7 acquisitions made in 2018 so far are performing "in line with expectations"
Not Bad
Apple becomes first public company worth $1 trillion
The iPhone manufacturer hit the market value on Thursday
Well Made
Games Workshop's yearly profits nearly double to $97m
“Our business and our hobby are in great shape, the best shape either has been for some time”
End Of The Beginning
CEO Frank Gibeau on moving on from fixing Zynga to growing it
The long haul
Home Run
Glu Mobile hits record $99.4m bookings as Design Home continues strong showing
Tap Sports Baseball 18 and Covet Fashion also perform well
Report
Nintendo Switch nears 20 million sales
Earnings report for the Japanese publisher shows a strong start to the year, with $1.5b in overall revenue so far
Crazy Financials
Animoca Brands posts record $6m revenue for Q2 2018
Profits come in at $193,000
Financials
Capcom delivers record $35m profits despite mobile decline
Revenue jumps to $155 million for the three months ending June 30th 2018
Report
FIFA success dominates EA’s financial report for Q1 FY2019
Publishing giant brings in a net revenue of $1.14 billion this quarter
Hustle And Bustle
War Robots and Hustle Castle spur Mail.Ru’s game revenue to $89m
Mobile on the march at publisher
Report
Revenue at hidden object specialist G5 Games jumps to $44.7m in Q2 2018
Swedish publisher is placing a priority on building up development teams for future success
Slow And Steady
Next Games revenue nearly halves in H1 2018 as The Walking Dead: Our World dev buckles down on game launches
Development costs and fall in DAUS hurts sales
Ka-ching
Social casino dev KamaGames claims 53% revenue growth in H1 2018
Number of daily active users up two-fold
Steady Hands
Mobile sales stable for Ubisoft as total revenue doubles to $464m for Q1 2018
Mobile sales contributed eight per cent of net booking which is flat from the year prior
Charting Investor Confidence
Glu Mobile’s the best and Nintendo’s the worst performing game stock during 2018 so far
Ebbs and flows
Financials Klaxon
Fyber endures challenging first quarter as revenues drop to $34 million
Revenue fell 41% while profits also came in at a loss
Critical Hit
Pokemon Company profits almost halve to $81 million
But still represents the second highest on record
G5 Financials
Hidden object specialist G5 Entertainment grows revenues to $43m in Q1 2018
Net income reported at $5 million
Gameloft Financials
Gameloft revenues fall to $93 million in Q1 2018
Publisher reports 114 million MAUS and 13 million DAUs
On The App
Mobile revenues up 66% as Ubisoft posts total sales of $2 billion for the financial year
Performance exceeded the company’s original expectations
Take Profit
WWE Supercard and Dragon City help launch Take-Two's yearly profits to $173.5 million
The usual suspects at play again
Rovio Financials
Record revenues for Angry Birds 2 boost Rovio profits
But overall company sales dip year-on-year
What's Next?
Monster Strike publisher Mixi plots $900m investment in biz dev and M&A over next five years
$100 million earmarked for Monster Strike and new IP development
Tencent Financials
Tencent’s mobile games revenue up 68% to $3.4 billion in Q1 2018
But investors concerned by historically low operating margin
Power Of Ip
Lineage M spikes NCSoft profits up 570% year-on-year to $189m
But revenues are down quarter-on-quarter as Lineage sales stabilise
Still Going Strong
GungHo’s sales and profits continue to fall amidst Puzzle & Dragons decline
But still hugely profitable
Financial Fantasy
Final Fantasy Brave Exvius and Hoshi no Dragon Quest help bump Square Enix to profits of $348 million
Dragon Quest Monsters Super Light and Kingdom Hearts Union X also given nods
Take To The Seas
Overseas sales push Com2us to $100m revenues for Q1 FY18
85 per cent of revenues came from abroad as Summoners War continues to draw players
Ouch
Tencent up against worst margins ever as value drops $78 billion
Rising costs and continued investments will strain profits
Financials
Netmarble revenue and profits tumble year-on-year as sales slow
Lineage 2: Revolution takes 35 per cent of revenue share of game sales