Funcom Financials Fall [Mar 05, 2014, 7:23 pm ET] – 10 Comments
GamesIndustry International has details on Funcom's latest financial
reporting, saying the Norwegian developer's revenues were down in their 2013
fourth fiscal quarter, mostly due to poor performance of The Secret World. Word
is: "In the quarter ended December 31, 2013 Funcom earned $4.3 million in
revenue, down from the $7.8 million it earned in the same quarter the previous
year - the quarter directly following The Secret World's release. Funcom's
earnings before interest, tax, depreciation and amortisation (EBITDA) were
$233,000, down from $2 million the prior year."
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