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:

Paradox Interactive Financials

There's a report on Paradox Interactive's Q1 2019 financials on GamesIndustry.biz noting that both revenue and profits are down year-on-year amid what the publisher calls "record high" investments at as they "focus on long-term growth and expansion in several of our core areas." Here are the specifics: "According to the company's Q1 2019 financial report, revenue for the period was down 11% year-on-year to SEK 238.3 million ($24.7 million), from SEK 267 million ($27.7 million). Meanwhile, operating profit for the period was down 55% year-on-year to SEK 62.7 million ($6.5 million) from SEK 140.5 million ($14.6 million)." They offer the following rundown on the company's game releases during the quarter:

While Q1 2019 saw fewer major game releases, it's slate of expansions for existing titles performed above expectations. Man the Guns expansion for Hearts of Iron IV sold more than any of the game's previous expansions during the same time period, a trend repeated with expansions for games such as Europa Universalis IV, Crusader Kings II and Cities: Skylines.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Kingdom Come: Deliverance Royal Collector’s Edition Announced
Hell is Other Demons Released
Evening Patches
On Sale
Gatherings & Competitions
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Rainbow Six Siege Operation Phantom Sight Test Server Tomorrow
F1 2019 Trailer
Morning Previews
Morning Mobilization
Morning Metaverse
Morning Tech Bits
Morning Safety Dance
  

 



footer

Blue's News logo