Korean Analysts Predict Decreased Q2 Revenues For Nexon And NCSoft
We're still about a month away from getting official financial statements from game companies for Q2 2018, but that doesn't mean we can't guess at what they'll be. More specifically, the money gurus at Korean news agency Yonhap have made guesses about what Nexon, NCSoft, and Netmarble will be reporting in a few weeks' time.
Yonhap estimates that Nexon will decline sharply from Q1 to Q2, going down from 541.3 billion won to "the upper end of the 400-billion-won band." That might be understandable, considering how Nexon touted its Q1 revenue as "record-breaking." On a year-over-year basis, the estimated revenue is about in line with Q2 2017.
NCSoft faces a similar dip, also winding up near 400 billion won, which is down from the previous quarter (475.2 bKRW) as mega-hit Lineage M continues to level out.
Finally, Netmarble gets a mention in the report, and is the only one of the three companies predicted to go up in revenue from Q1 to Q2. Analyst Lee Joon-gyu forsees more good news for Netmarble on the horizon, as the developer plans to roll out two new games in the second half of the year.
About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
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