Posted Thu, May 04, 2006 by Awenyddion
Ever wonder how much our favorite MMORPG publisher is making? I certainly do. I chalk it up to an obscene amount of curiosity.
If you're struck by the same level of curiosity that I am, you are in luck! Yahoo Finance has NCSoft's first quarter earnings report.
By game, Lineage® posted sales of KRW 30 billion (US$32 million), up 1% from the previous quarter. Lineage II saw its contribution dip 4% to KRW 29.1 billion (US$31 million) from the previous quarter. Sales of City of Heroes/City of Villains and Guild Wars decreased by 58% and 57% respectively to KRW 6.5 billion (US$6.9 million) and KRW 6.3 billion (US$6.7 million).
The first quarter results marked a downturn from the previous quarter and NCsoft attributed this to a lack of new product launches. The company explained the results were generally in line with forecasts made at the beginning of the year. NCsoft anticipated that sales will resume growing in the second quarter with the launch of new products. The company also revised its earnings guidance to KW 353 billion (US$375.8 million) in sales and to KW 50 billion (US$53.2 million) in operating profit based on product launch plans and market circumstances.
I'm surprised by the decline in sales for both the "City of - " franchise as well as Guild Wars. They're both fantastic properties. Lineage 2, meh, doesn't surprise me in the least. I imagine that it's doing really well in the Asian market.