Nexon's Q3 Financials Shows Quarterly Growth, Though Down Year-Over-Year

Jason Winter
By Jason Winter, News Editor
Share:

nexon-revenue-q3-2016

The latest financial report from Nexon came through today, showing solid growth across nearly every region, including the typically soft North American and European regions. Even though the numbers were down from Q3 2015, they "exceeded our outlook," according to a Nexon press release, so everything's good, right?

China and Korea, which account for 80% of Nexon's revenue, split almost equally, both praised Dungeon&Fighter, while MapleStory "performed especially strongly" in Korea. Japan's PC revenue was actually up slightly, thanks to Tree of Savior, which launched in September, but overall revenue dropped for at least the fourth straight quarter.

Meanwhile, Riders of Icarus was credited with strengthening NA/EU revenue, along with mobile title Heroes of Incredible Tales (HIT), which launched globally in July.

It's predicted that Q4 of 2016 will also be down slightly, though the matter is made more complex by a new "constant currency" method being used to better reflect Nexon's complex multi-national operations and the various exchange rates that are applied when dealing with currencies from Japan, Korea, the U.S., and Europe. In particular, the company is excited about exhibiting 35 games -- 28 mobile and seven PC -- at G-Star from Nov. 17-20.

You can check out the full financial report on the Nexon investors' site (direct link).

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 (7)

Flounker 6 years ago
Well can't play from east asia.Already contact support they can't do about it.Both from Steam and offical can't play.

rickshaw 6 years ago
I don't get the rush for mobile games creation. when the pc is the dominant one. There is going to be a absolute influx/muddle of stuff in a minute for mobiles, which will only benefit a very tiny amount of devs, where as the PC is a home computer, this where people like to relax. Mobile games last not too long, as they are now only used as an excuse not to look or talk to anyone while people are outside going about whatever they do. One such mobile game that does not follow this trend though is pokemon go, which actually causes social interactions.
so..
PC = Chillax & play.
Mobile = excuse to be ignorant. Jump n play the next one.

View 1 reply
ASD 6 years ago
Riders of icarus could be better but it's a good game I guess.

Flounker 6 years ago
Can't play Riders of Icarus play from East Asia.Region blocked.

View 1 reply

Read Next

BLESS Release Delay Being Used To Improve Performance And Combat

BLESS Release Delay Being Used To Improve Performance And Combat

Back in September, Neowiz announced that they would be delaying the release of BLESS in order to rework some things.

By QuintLyn Bowers - 6 years ago

You May Enjoy

New Destiny 2 Video Shows Exactly How Powerful Strand Will Be When Lightfall Launches

New Destiny 2 Video Shows Exactly How Powerful Strand Will Be When Lightfall Launches

Each job gets their own unique Strand ability.

By QuintLyn Bowers - 1 day ago
Explore the Kanturu Underground In MU Online’s Season 17 Part 2 Update

Explore the Kanturu Underground In MU Online’s Season 17 Part 2 Update

The update increases the game’s level cap as well.

By QuintLyn Bowers - 1 week ago
Guild Wars 2 Devs To Showcase Profession Changes In February Stream And New WvW Updates Go Live Tomorrow

Guild Wars 2 Devs To Showcase Profession Changes In February Stream And New WvW Updates Go Live Tomorrow

The stream will go over all profession details expected to be patched in on February 14th.

By Anthony Jones - 1 week ago
FFXIV’s Director & Producer Naoki Yoshida Says He’s “Really Looking Forward” To The MMORPG Blue Protocol

FFXIV’s Director & Producer Naoki Yoshida Says He’s “Really Looking Forward” To The MMORPG Blue Protocol

Several experienced people from the FFXIV Team are also now working on Blue Protocol.

By Aspen Pash - 1 week ago
Popular Final Fantasy 14 Mod GSHADE Trends On Twitter After Developer Adds Malware to Program To “Teach A Lesson”

Popular Final Fantasy 14 Mod GSHADE Trends On Twitter After Developer Adds Malware to Program To “Teach A Lesson”

Now, some players are even having trouble uninstalling the program from their devices.

By Aspen Pash - 1 day ago