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:

THQ Financials Reveal New Saints Row

THQ Nordic's Interim Report for Q1 (April-June 2019) has financial results the publisher calls "another stable growth quarter." This includes news that a new Saints Row game is in the works: "Volition is deep in development of a brand-new Saints Row game, the first full entry in this much loved series since Saints Row IV was released in 2013." That's not all they have up their sleeves, as they talk of their "strong pipeline of games in development at Deep Silver, THQ Nordic and Coffee Stain," saying they have 81 games in development, 47 of which are unannounced. They also say Dambuster Studios is now leading the development of Dead Island 2 and that TimeSplitters co-creator Steve Ellis has joined them "to help plot the future course for this franchise." Here's more on their financials:

We started our financial year 2019-2020 with another stable growth quarter. Net sales increased 36% to SEK 1,142 million, driven by strong back catalog sales. Operational EBIT grew 193% to SEK 204 million, raising the Operational EBIT margin to 18% from 8%. The improved margin was driven by digital sales which collectively rose to an average TTM of 58% across our three Games business areas. We generated SEK 441 million in cash flow from operations during the quarter and had close to SEK 3.2 billion in cash and cash equivalents at the end of the quarter.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Play Dead by Daylight for Free
Fortnite X Batman Underway
Untitled Goose Game Flies Out
ArcheAge: Unchained Delayed
Saturday Patches
Saturday Multiplex
Gatherings & Competitions
Saturday Consolidation
Saturday Mobilization
Saturday Tech Bits
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Modern Warfare Open Beta
Control Exclusivity $10M?
Ghost Recon Breakpoint Beta Improvements
Borderlands 3 Halloween Event Detailed
Overland Released
Hot Lava Flows Out
  

 



footer

Blue's News logo