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NCsoft takes a financial hit in Q3 2013

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NCsoft takes a financial hit in Q3 2013

Post by TheHidden01 on Fri Nov 15, 2013 9:01 pm



NCsoft's latest financial earnings report shows that the publisher took a substantial hit in the third quarter of this year.

Sales, operating profit, pre-tax income, and net income were all down from both the previous quarter and Q3 2012. NCsoft blamed the dip due on a shuffling of Lineage's in-game sales from third to fourth quarter. Guild Wars 2 once again dropped in sales, while Blade and Soul came out the best in the report, seeing an uptick in sales thanks to a recent content update.

Higher expenses were also to blame for NCsoft's lower profit margin, including an increased WildStar marketing campaign and relocating headquarters. Quarter-over-quarter, sales were down across most of NCsoft's subsidiaries save for NCsoft Taiwan and Ntreev Soft, which both saw a bump in sales.

TH

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