News

GameStop revenue declines 26% to $882m
GameStop revenue declines 26% to $882m
GameStop has released its financial results for the first quarter ended May 4, 2024.
June 10, 2024
Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains
Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains
Embracer has released its full-year financial results, showing a rise in overall sales despite a slow final quarter.
May 23, 2024
Bandai Namco reports record sales and rise in profits despite video game decline
Bandai Namco reports record sales and rise in profits despite video game decline
Bandai Namco has released its full-year financial results, showing a solid year for its overall business in the face of…
May 20, 2024
GameStop preliminary Q1 results have sales down at least 28%
GameStop preliminary Q1 results have sales down at least 28%
Video game retail GameStop has reported its preliminary financial results for Q1, which ended May 4.
May 17, 2024
Take-Two narrows GTA VI release window, records $3.74 billion annual loss
Take-Two narrows GTA VI release window, records $3.74 billion annual loss
The company also cancelled 'several' unannounced projects as part of an ongoing cost reduction program.
May 17, 2024
Ubisoft headcount declined by 1,700 on the path to its highest net bookings ever
Ubisoft headcount declined by 1,700 on the path to its highest net bookings ever
Ubisoft's net bookings rose 33.5 percent in 2023 through 2024, but its total employee headcount declined by 1,700 since 2022.
May 16, 2024
Payday 3 rescue mission 'Operation Medic Bag' will prioritize new features over DLC
Payday 3 rescue mission 'Operation Medic Bag' will prioritize new features over DLC
Developer Starbreeze feels players are already responding to its rehabilitation efforts.
May 16, 2024
PlayStation full-year revenues rise to $27.5 billion but narrowly misses PS5 sales target
PlayStation full-year revenues rise to $27.5 billion but narrowly misses PS5 sales target
Sony has released its full-year financial results, showing a solid twelve months for its PlayStation business ahead of …
May 14, 2024
Sony champions live service titles, claims PS5 hardware sales have peaked
Sony champions live service titles, claims PS5 hardware sales have peaked
The company also hopes to grow first-party software sales just months after cutting jobs at key internal studios.
May 14, 2024
Square Enix embarking on "aggressive multiplatform strategy" as profits drop 70%
Square Enix embarking on "aggressive multiplatform strategy" as profits drop 70%
Square Enix has released its financials for the fiscal year ended March 31, 2024, with the results largely below what i…
May 13, 2024
Capcom reports record profits for seventh year running
Capcom reports record profits for seventh year running
Capcom has released its financial results for the fiscal year, reporting a record high profit for a seventh consecutive…
May 10, 2024
Unity restructuring increases losses to $291m in Q1 2024
Unity restructuring increases losses to $291m in Q1 2024
Unity has posted its first financial results for 2024, showing a loss of nearly $300 million for the first quarter.
May 10, 2024