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