Platform Power
Tag: Q3 Financials
Moderately Mobile
Embracer sees record $1.2 billion in Q3 earnings after axing 1,400 staff
Restructuring plans are "tracking well" but are unlikely to reach all targets by end of the fiscal year
Moving From Mobile
Only 7% of Ubisoft’s net bookings are from mobile, down 28% YoY
Ubisoft’s console lineup has brought in the bulk of its bookings in Q1-Q3
Hypercasual Hero
Mobile revenue exceeds Take-Two’s expectations, making over $2 billion in nine months
Take-Two subsidiary Zynga accounted for 51% of the holding company’s earnings in the latest quarter
Ten Square Turnaround
Ten Square Games sees record quarterly growth with Hunting Clash MAU up 82%
After a difficult start to the year, performance is looking back on track at Ten Square Games
Heads Up
Thunderful explores sale of Bridge Constructor publisher Headup Games nearly three years after €11m acquisition
Company plots "more focused strategy" for the business
Financial Findings
Huuuge Games’ adjusted net profit rose 80% in the first three quarters of 2023
Q3 2023 was Huuuge’s fifth consecutive quarter of rising YoY EBITDA and they've 'huuuge' hopes for the future
Debtmarble
Netmarble cuts losses by 90% in Q3 despite revenue decline
Workforce reduction and original IP stem losses, but publisher still has $1.29 billion short-term debts
Profit Power
NetEase profits up 23.4% as Justice and Racing Master drive strong Q3
Q3 financials reveal 11.6% revenue increase with over 80% from games and related services
Gravity Gravitas
Gravity’s mobile revenues rise 95.7% YoY with worldwide Ragnarok success
YoY results show a strong performance in 2023, but figures are down from the last quarter
Rising Revenues
Nexon’s Q3 2023 smashes records with 78% revenue rise in North America and Europe
This marks the sixth consecutive quarterly report with double-digit growth
Q3 Results
Roblox stock soars as Q3 results surpass expectations
"We are executing against our key priorities to enable deeper forms of immersion," said CEO David Baszucki
Road To Profitability
Unity set for more layoffs amid “painful” reset
Game engine firm plans to "rip off the band-aid" to position itself for future growth and become profitable
New Reports
Embracer Group sees 128% sales increase but hardly any rise from mobile
The Q3 financial report reveals 2% rise in mobile revenue
Financials
Pearl Abyss sees revenue rise in Q3 2022, above Q3 2021
Overall revenue is up for Black Desert and Eve devs Pearl Abyss, but peaking just over Q3 2021 levels