Games Finance

EA Had An "Outstanding" First Quarter Due To Battlefield And Star Wars

EA released their earnings report for the first quarter of fiscal year 2018 this week, which credits their "outstanding" success on the profits earned from Battlefield 1, their numerous Star Wars titles, and their massive EA Sports portfolio. Specifically, CEO Andrew Wilson said during the earnings call, "Q1 was an outstanding quarter, with thriving player communities in […]

Konami Has "High Hopes For The Game's Industry" After A Strong First Quarter

Today Konami released its financial results for the first quarter of fiscal year 2018, which ended on June 30th, 2017. The company did shockingly well, considering their lack of major western releases in the quarter, with the company's revenue being up a nice 12.8%, operating profit being up 34.2%, and profit before income tax being […]

Astro Gaming Was Acquired By Logitech But Will Still Make Peripherals

Yesterday, Logitech announced that it has acquired Astro Gaming and Astro will be joining the Logitech G gaming team. Logitech has earned a reputation for its focus on PC, tablets and phone peripherals, but acquiring Astro Gaming allows the company to add console accessories to its products as Astro Gaming has made a name for […]

Take-Two Interactive Did Pretty Well In 2017 Thanks To Mafia III And GTAV

Publisher Take-Two Interactive released their fourth quarter and end of year 2017 earnings report today. Despite the delay in Red Dead Redemption 2 until spring of 2018, the company did very well during the fiscal year of 2017 which ended for Take-Two on March 31, 2017. We didn't expect that the Red Dead Redemption delay would have effected their […]

EA's End Of Year Results Show A Sales Record For Battlefield 1

EA, predictably, had a damn good year in 2016. They released their 2016 end of year results earlier this week, and it looks like Battlefield 1 took home record sales by returning to WWI. What is noticeable is that there is no mention whatsoever of Bioware's Mass Effect: Andromeda which was released late into the fourth quarter […]

The Switch Just Might Be The Savior Of GameStop

I've gotten ahold of an equity research report from a leading securities firm based on their meeting with GameStop's CFO, Rob Lloyd, and VP of Public & Investor Relations, Matt Hodges. That meeting prompted their report to reflect an incredibly positive position on GME stock for GameStop Corp. This is pretty impressive given that GameStop's stock […]

Mad Catz Interactive Files For Bankruptcy

After the failure of Rock Band 4, publisher Mad Catz Interactive has filed for bankruptcy protections under Canada's Bankruptcy and Insolvency Act, with the company's American subsidiary Mad Catz Inc. filing for chapter 7 the United States. Preceeding this move, all of the company's directors and officers resigned yesterday. "Regrettably and notwithstanding that for a significant amount of […]

Fig Game Shares For Wasteland 3 Have Been Approved By The SEC, the video game crowdfunding site that allows you to invest in a video game's future sales through Fig Game Shares, announced today that the United States Securities and Exchanges Commission (SEC) has approved Fig Game Shares for Wasteland 3. Wasteland 3 is one of the first successes for Fig, with it's campaign meeting 113% of […]

Starbreeze Studios Sales Boosted Because Of Dead By Daylight And Payday 2

Dead by Daylight, the fantastic horror survival multiplayer on Steam, was responsible for 50% of Starbreeze's sales in Q4 alone and held up the company throughout the 2016 fiscal year since its release back in June.If you want more information on Dead by Daylight you can check out my coverage of it from E3 here, and […]