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Old Nov 10, 2006, 02:29 AM // 02:29   #1
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Default NCSoft 3rd Quarter 2006 Earnings

Because I know that some like to look at this, NCSoft posted their 3rd Quarter earnings:

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NCsoft® Corporation (KSE:036570.KS) today announced third quarter 2006 sales of KRW (Korea Won) 85 billion (US$90.1 million), operating income of KRW 17.5 billion (US$18.7 million) and net profit of KRW 12.8 billion (US$13.7 million), all on a consolidated basis. Compared to the previous quarter, sales decreased 1% while operating income rose 944%. The company reported a turnaround in net profit from the previous quarter, an increase of 16.4% excluding the Q2 Auto Assault® write-off of KRW 11.2 billion.

The results were due to brisk sales of the world’s leading MMORPG franchise Lineage®, Lineage II and City of Heroes®/City of Villains® that beat market expectations and a decrease in operating costs such as labor and marketing.

By region, domestic sales amounted to KRW 53.9 billion (US$57.5 million), up 2% from the previous quarter thanks to the continued popularity of Lineage and Lineage II. North America and Europe recorded sales of KRW 15.8 billion (US$16.9 million) and KRW 6.1 billion (US$6.5 million), respectively. In Japan, steady sales of the Lineage series, buoyed by an increase in the number of users of Lineage II and the Chronicle 5 update in September, led to sales of KRW 9.1 billion (US$9.7 million), up 22% q-q. The percentage breakdown of regional sales shows Korea with 57% of total sales followed by North America with 19%, Europe with 7% and Japan with 11%. Overseas royalties amounted to 6%. Meanwhile, the percentage breakdown of sales by game titles shows Lineage and Lineage II with 36% and 35%, respectively, followed by City of Heroes/City of Villains with 9% and Guild Wars® with 14%.

NCSoft CFO Lee Jae-ho said, “The company’s accumulated earnings up to the third quarter exceeded its initial projection. Therefore, we are revising our 2006 earnings outlook upward to KRW 339 billion (US$361.8 million) in sales from the previous forecast of KRW 330 billion (US$352.2 million). The projection for operating income is upgraded to KRW 39 billion (US$41.6 million) from KRW 20 billion (US$21.3 million). The revision reflects the ongoing success with our game titles and the positive effects we’ve seen from the company’s cost controls.”

On October 27, NCsoft carried out a simultaneous global launch of the third campaign in the Guild Wars franchise, Guild Wars Nightfall™. This week, NCsoft is showcasing for the first time in Korea its hugely anticipated MMORPG project, Aion™. The game is being shown at G-star, Korea’s largest game exhibition. Early public testing for the game is slated to begin within the year. Additionally at G-star, NCsoft is showing off another new project, ATrix™. Testing for that game is slated to begin in the next two months.
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Old Nov 10, 2006, 03:00 AM // 03:00   #2
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This means what? They made $13M US? Hey, I notice GW isnt mentiond!
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Old Nov 10, 2006, 03:07 AM // 03:07   #3
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yea, we only got an honarable mention it would seem <_<
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Old Nov 10, 2006, 03:12 AM // 03:12   #4
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I keep hearing that Lineage is the top MMORPG in the world... Is it played outside of Asia?
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Old Nov 10, 2006, 03:16 AM // 03:16   #5
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Quote:
Originally Posted by arcady
I keep hearing that Lineage is the top MMORPG in the world... Is it played outside of Asia?
I thought WoW was
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Old Nov 10, 2006, 03:17 AM // 03:17   #6
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Quote:
Originally Posted by arcady
I keep hearing that Lineage is the top MMORPG in the world... Is it played outside of Asia?
There is a US playerbase for it, but if you think the "chineese farmers" are a problem in GW you haven't experienced anything compared to lineage. Lineage II tried some things similar to DAOC with castle sieges and what not, but i really didnt like the system or the total lack of balance between say the phantom ranger was compared to every other playstyle at the time due to the way armor mitigated damage, combined with ranged attacks, and the fact that they simply ran faster than everyone else except the other elven archer profession.....
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