Nexon News

Nexon reported their Q3 2021 earnings report today and the highlights included a sharp drop-off in mobile game revenues (down 44% year over year) and an increase in PC revenues (up 24% year over year). Total revenues for the quarter were $672M (down 4% year over year). The strong performance in PC gaming revenue can be attributed to Dungeon Fighter [...]

The South Korean gaming giant Nexon released their Q2, 2021 earnings report today and the financial highlights were as follows: Quarterly Revenue: 56B JPY (approx. $510M USD), down from 64.5B JPY in Q2 2020. Quarterly Operating Income: 15.4B JPY (approx. $140m USD), down from 26.7B JPY in Q2 2020. Revenues declines in all regions except for South Korea which was [...]

Nexon reports record-high revenues for 2020 thanks to the continuing success of MapleStory and FIFA Online, as well as their entry into “new markets.” According to the Q4 2020 investor report, the company’s global revenues dipped for the last fiscal quarter of 2020, their worst quarter of the year, due to foreign exchange losses and deferred tax liabilities. Global revenues, [...]

Nexon reported their financial results today with revenues clocking in at an impressive $755M for the third quarter of 2020. Profit for the quarter came in at $155M. As with previous Nexon earnings reporters, the company released some interesting nuggets of information. MapleStory's lifetime revenues have now exceeded over $3B since the game launched in 2003. Dungeon Fighter Online made [...]

Nexon released their Q2 2020 earnings report yesterday with total revenues for the 2nd quarter (April - June) coming in at ~$609M. As with previous quarters, the vast majority of Nexon's revenue comes from PC games (70% PC and 30% mobile). South Korea and China remain the company's most lucrative markets with South Korea accounting for 51% of revenue and [...]

Nexon has shut down their main western headquarters in Orange County, California this week and have canceled all of the studio's in-development titles. According to GamesIndustry.biz, around 60 employees have been affected by the closure of the Irvine office including former Blizzard Entertainment and Carbine developer Stephan Frost who confirmed the unfortunate news on Twitter. Welp, 2020 continues to be [...]

Nexon reported Q3, 2019 earnings today which exceeded analyst expectations, resulting in a 10% jump in the company's stock price. The highlights for the quarter included record high revenues for MapleStory. Despite the game being 16 years old, revenues for it are at an all time high. “Around the world, players are showing a growing preference for games supported by [...]