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.
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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