Assassin's Creed maker Ubisoft has released its 2023 fiscal year report, which says its sales grew by 27% to hit €2.3 billion ($2.5 billion).
Assassin's Creed maker Ubisoft has released its 2023 fiscal year report, which says its sales grew by 27% to hit €2.3 billion ($2.5 billion).
Capcom has announced that it has revised its full-year earnings forecast for the fiscal year ended March 31, 2024.
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It looks like PUBG Studios' upcoming extraction shooter, Project Black Budget, will drop in the second half of 2024.
Nexon released its latest earnings report today, with an announcement of a new CEO and an optimistic look ahead to 2024.
Nintendo reported sales and profit figures above expectations for its second fiscal quarter ended September 30.
Konami has potentially suggested that more than one Silent Hill remake is in development.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
There's good news for Intel, as it has beaten expectations with its latest financial forecasts. Perhaps that's why CEO Pat Gelisinger is so bullish about the threat from a new generation of Arm chips.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Hardware sales might be down, but Starfield, cloud services, and other software divisions drove huge growth for Microsoft.
By Tom Warren, a senior editor covering Microsoft, PC gaming, console, and tech. He founded WinRumors, a site dedicated to Microsoft news, before joining The Verge in 2012.
Microsoft has just shared its first quarter results for the 2024 fiscal year, and it's mostly good news for Xbox. Following the long-anticipated release of Starfield, Xbox has broadly seen an increase in overall gaming revenue despite a decline in hardware.
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OnlyFans experienced a massive hike in their subscription revenue. Over the years, the platform has grown drastically with adult content creators as well as the increase in app users. Recently, Keily Blair who was the chief strategy and operations officer at the company has now been appointed as the CEO, replacing Amrapali Gan. The change may impact the company's future plans and app policies. So far, the platform is generating massive revenue. Check out its earning reports.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
In a new Rockstar earnings report, it revealed that it expects "major things" and "new record levels of operating performance" in its next fiscal year. For context, that covers March 2024 to March 2025. It seems likely that the earnings report's expectations are based on the release of GTA 6 and possibly its own Online mode, placing it somewhere in that bracket.
Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games remained under pressure amid inflationary pressures.
It’s sometimes very easy to forget that video games aren’t just businesses; they’re businesses with a lot going on and have to deal with success and failure at multiple levels. For example, several of the biggest developers/publishers have stocks that they do their best to keep up, and thus stockholders for them to please. When a company does well, its stock tends to go up. In contrast, when they do poorly or something doesn’t meet expectations, their stock tends to fall a bit. Square Enix recently released an earnings report, which apparently didn’t make people too happy.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Consumer habits will come to the fore again in next week's earnings deluge, when Amazon.com Inc., Shopify Inc. and PayPal Holdings Inc. are expected to talk about online spending trends and Apple Inc. may comment on the outlook for iPhone sales.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
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The success of the Super Mario Bros. Movie and Nintendo‘s theme parks has led parent company Comcast to an earnings bump in its film and theme park divisions.
By Tom Warren, a senior editor covering Microsoft, PC gaming, console, and tech. He founded WinRumors, a site dedicated to Microsoft news, before joining The Verge in 2012.
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