Nexon Boasts "Record-High Q3 Revenues," Invests In Patrick Söderlund's New Game Studio

Jason Winter
By Jason Winter, News Editor November 8, 2018
Share:

"Record-high Q3 revenues, operating income, and net income" is how Nexon's latest financial report starts out, and it just gets better from there. The developer has also entered into a "strategic capital and business partnership" with Embark Studios, headed by former DICE CEO Patrick Söderlund, which will see it serve as the worldwide publisher for the company's as-yet-unannounced games.

The usual suspects -- namely Dungeon&Fighter and MapleStory -- lead the way for Nexon's strong quarter; MapleStory 2 didn't launch until recently, so it won't show up until the Q4 report. The mobile market in North America and Europe was particularly strong, thanks in large part to the launch of MapleStory M in July.

Overall, Q3 wasn't as strong as Nexon's amazing Q1 but was a solid improvement over its somewhat lackluster Q2. For Q4, Nexon isn't too optimistic, expecting revenues to be down slightly overall, but up big -- 50% or more -- in North America and Europe, thanks to MapleStory 2. "Multiple mobile games" are also on the horizon for those regions, and the company plans to showcase 14 new games at G-Star in Korea, which starts a week from today.

Share:
Got a news tip? Contact us directly here!

About the Author

Jason Winter
Jason Winter, News Editor
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.

Discussion (2)

NoNoEZPEZY 4 years ago
then you get laid off, you get laid off you get to stay and you are fired. is how this will end. !!!!

Curst 4 years ago
Nexon and Patrick "Don't like it don't buy it, I'm fine either way" Soderlund... A match made in heaven. I hope all the other anti-gamer personalities join as well to make avoiding their products easier. -_-


You May Enjoy

Mad World Devs Have Posted More Videos And Images Highlighting Its New Grotesque Environments And Bosses

Mad World Devs Have Posted More Videos And Images Highlighting Its New Grotesque Environments And Bosses

While players are waiting for the next beta test, here are some new clips/images of monsters and settings.

By Anthony Jones - 4 days ago
Cammy and Ryu Get The Bean Treatment In Fall Guys’ Latest Crossover

Cammy and Ryu Get The Bean Treatment In Fall Guys’ Latest Crossover

The Street Fighter crew joins the chaos.

By QuintLyn Bowers - 1 week ago
As Microsoft Reportedly Makes Concessions, Serbia Approves The Activision Purchase "Unconditionally"

As Microsoft Reportedly Makes Concessions, Serbia Approves The Activision Purchase "Unconditionally"

This makes Serbia the third country to approve the deal behind Saudi Arabia and Brazil

By Michael Byrne - 6 days ago
Update Those Addons Now: Warcraft's Dragonflight Takes Wing Today

Update Those Addons Now: Warcraft's Dragonflight Takes Wing Today

The MMORPG's 9th expansion tries to right some of the wrongs of the game's past.

By Michael Byrne - 1 week ago
Farewell Open Beta! World War 3’s First Seasonal Update Adds New DMZ And Gobi Desert Zones

Farewell Open Beta! World War 3’s First Seasonal Update Adds New DMZ And Gobi Desert Zones

This is the end of the open beta stage.

By QuintLyn Bowers - 4 days ago