More Reviews
REVIEWS Batman: Arkham Knight Review
Rocksteady concludes its Batman trilogy with Scarecrow, the mysterious Arkham Knight, and a whole lot of Batmobile.

Dr. Mario: Miracle Cure Review
Dr. Mario: Miracle Cure adds a few new elements to the classic game, but are they enough to justify a whole new experience?
More Previews
PREVIEWS For Honor Preview
Third-person melee combat can be hit and miss, but it's the main focus of Ubisoft's newest IP.
Release Dates
NEW RELEASES Lost Dimension
Release date: 07/28/15


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437     In all the talk of graphical downgrades no one seems much preoccupied with 'why?'.  Why build something and then proceed to tear it down, piece by piece, in the hope that ever more diminished expectations about the final product won't be severe enough to...

GAMING NEWS

Sega Financials Reveal Significant Profit Drop

Posted on Friday, August 1 @ 07:55:26 Eastern by Alex_Osborn


Sega's quarterly financials are in and they don't look so hot, as profits were down considerably.

During the first quarter of the financial year, the publisher saw a disheartening 57.4 percent decline in profit thanks to such a thin lineup of game releases. In fact, the only title released for the quarter was Persona Q, which still has yet to make its way outside of Japan.

During the quarter, Sega made ¥88.3 billion ($858 million) in revenue, while net profits fell to ¥5.5 billion. Half-year losses are anticipated to be approximately ¥7 billion ($68 million).

Fortunately, the rest of the year will likely turn things around for the company, with the release of Persona Q in the west, as well as games like Sonic Boom and Alien: Isolation.
Tags:   sega
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution