Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Square Enix's "Extraordinary" Losses

Apparently extraordinary times can lead to "extraordinary" losses, as this is what Develop says Square Enix is reporting in their financial results for their fiscal year ending March 31st. Here's word on the losses and their fallout:

Square Enix has posted an expected "extraordinary" net loss of 88m for the year ending March 31st.

The anticipated financial results come as the publisher reveals that net sales actually rose more than 15 per cent year-on-year to 946 million.

Operating income however fell to 39 million, while recurring income more than halved to 28 million.

In an effort to combat falling revenues, the publisher said it would be changing its development policy, as well as redesigning some of its business models and some organisational reforms after its major titles had underperformed in North America and Europe.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Pillars of Eternity Bug Warning
BioWare Open Sources Something
On Sale
Evening Interviews
Gatherings & Competitions
Evening Previews
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Rainbow Six Siege Operator Trailer
Call of Duty: Advanced Warfare Zombies Trailer
DEAD OR ALIVE 5 Last Round PC Launch Missing Features
Star Citizen at $77M
U.K. Sales Charts
Gatherings & Competitions
Morning Consolidation
  

 



footer

Blue's News logo