Roblox Corp. has released its financial data for this year third quarterwhich CEO David Baszucki defined as “exceptional” thanks to the main financial and operational parameters that grow at “high rates” well above the indications published by the company during the second quarter. Starting from September 30, 2024the company achieved net sales of $919 million … Read more
Microsoft has released its first quarter report for fiscal 2025, shedding light on the company's financial performance for the three-month period ending September 30, 2024. Overall Xbox hardware revenue fell 29% (continuing the downward trend), but game revenues overall increased 43%, thanks in large part to Activision Blizzard's major acquisition and the robust library the … Read more
According to the CEO of Microsoft Satya Nadella20 Xbox-owned franchises have made individual revenues of $1 billion or more. A recent article from the company revealed this annual report for 2024, which, as he noted, comes after the company's acquisition Activision Blizzard in October 2023. Along with homegrown franchises like Halo and Gears of War, … Read more
Games parent company Roblox Corporation shared some fascinating news today at the Roblox Developers Conference. The company announced that developers make “paid access experiences” (think premium games) on Games will soon be able to earn a larger share of revenue than developers making free-to-play games. This increase applies to games purchased with “real money value” … Read more
First half financial data Fiscal Year 2024-2025 show that CD Projekt had “strong” results in multiple areas From January 1, 2024 to June 30, 2024. In terms of revenue, the Polish studio totaled PLN 424.8 million (or $109.8 million), up 30.6 percent compared to the first six months of the 2023-2024 fiscal year. Cyberpunk 2077 … Read more
For Remedy, the first half of 2024 It was very fruitful. In the six-month period from January to June 2024, developer Alan Wake saw revenue grow 33.7 percent over the year-ago period, to €21.1 million (or $23 million). For operating income for the period, Remedy reported a loss of €5.3 million, down from €10.4 million … Read more
Even after laying off over a thousand employees At the start of the year, game engine and monetization developer Unity has yet to see the “profitable growth” it was looking for. Today, the company reported a 16 percent decline in year-over-year revenue (down from $533 million to $426 million), contributing to a net loss of … Read more
Financial reporting week continues with Roblox Company. As last yearhad a “strong” second quarter (ended June 30, 2024) with increases in key areas. In terms of revenue, the company reported $893.5 million and bookings of $955.2 million, up 31 percent and 22 percent, respectively, from the prior year. Net cash flow from operating activities was … Read more