Square Enix Posts $134 Million Yearly Loss
Posted on Monday, May 13 @ 07:05:00 PST by Alex_Osborn
Square Enix posted a net loss of ¥13.7 billion (approximately $134 million) for the fiscal year ending March 2013. This news should hardly come as a surprise, as the publisher made it clear that a restructuring would be putting them in the red this year.
Fortunately, Square Enix is expecting a turnaround in the coming months. In fact, the publisher believes the changes will make them profitable on the order of $344 million to $590 million over the coming year.
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