financial statement

Electronic Arts stock fell 14% in after hours trading as the gaming giant missed its Q3 2019 earnings estimate. EA reported revenue totaling $1.61 billion compared to the Refinitiv estimate of $1.75 billion. Earnings were $1.95 per share compared to the analyst estimate of $1.94 per share. EA...

Samsung has announced that its 40% decline in operating profits in Q4 2018 is due to a weak market demand for memory chips. Samsung posted an operating profit of 10.8 trillion won which is 38.5% lower than the 15.1 trillion won it posted in the previous quarter. This is the lowest operating...

LG Electronics surprised analysts when it declared that its Q4 operating profit fell 80% when compared to the same period a year ago. The estimated profit of 75.3 billion won ($67.03 million) was far lower than analyst estimates of 387 billion won. Because of this, revenue is projected to fall...

THQ Nordic has purchased Helsinki-based independent game development studio Bugbear Entertainment. Bugbear Entertainment is known for its racing and demolition derby title Wreckfest. THQ Nordic has also acquired Coffee Stain Holding AB including 100% of its subsidiary Coffee Stain Publishing...

Take-Two Interactive Software has raised the bar for its 2019 financial outlook after record breaking sales for Red Dead Redemption 2 have raked in the cash. Red Dead Redemption 2 has sold more copies in 8 days than the original game did in 8 years. The sales from Red Dead Redemption 2 aren't...

The SEGA Sammy Group has released the corporation's financial statements which contain insights into how Japanese games have fared in the West. Persona 5 which recently launched in 2017 has sold 2.2 million copies worldwide due to the effort put into translating the IP into English, traditional...