News

Square Enix profits plummet 76.6%, Kane & Lynch 2 clear million
Posted: 03.02.2011 13:23 by Simon Priest Comments: 3
Publisher Square Enix has reported a huge drop in sales and earnings for the nine months leading to December 31st. Profits fell sharply by 76.6 percent.

The good news is that Kane & Lynch 2: Dog Days and Dragon Quest Monsters: Joker 2 each managed over a million sales during those three quarters.

They managed sales of £742.3m so far this fiscal year, but that's down 27.5 percent from the same period last year. Profits scraped by with £13.8m as they miss a huge 76.6 percent chunk. Square Enix has dropped their earnings forecast by 91.7 percent!

Final Fantasy XIV's poor performance and the delay of Eidos Montreal's Deus Ex: Human Revolution are partly to blame for the now very lacklustre fiscal year.
Source: CVG

Comments

By neilmike (SI Core) on Feb 03, 2011
neilmike
Final Fantasy XIV may be to blame...lol
By PowerJack (SI Elite) on Feb 03, 2011
PowerJack
I blame their new global policy
By VHugoSama (SI Core) on Feb 04, 2011
VHugoSama
I Blame their incompetence, since they can't create a really good game, only average ones!