Our latest coverage of pearl abyss.
While other video game companies are still struggling to recover from the post-pandemic crash that hit the industry, Pearl Abyss continues to show consistent performance over the past year as revealed in its Q1 2024 financial report. The South Korean publisher wrapped up the first quarter of the year with roughly $62 million in revenue (85.4 billion KRW), a half [...]
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Things are finally looking up for Pearl Abyss as the South Korean publisher finally sees profits after a multi-quarter slump. Q2 2023 in particular was a trying time for the company as it saw a significant drop in its revenue from Black Desert Online even after the launch of its Land of the Morning Light summer expansion. The fantasy MMORPG, [...]
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The first quarter of the year was a rough one for Pearl Abyss as the South Korean video game company revealed in its Q1 2023 investor call. The company reported a $6M revenue drop compared to Q2 2022 and a staggering $66M decline compared to the previous quarter although the dip was largely attributed to its subsidiary Pearl Abyss Capital [...]
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On July 8, 2022 Pearl Abyss announced that their fantasy themed Battle Royale title Shadow Arena was shutting down. The Black Desert Online spinoff was first revealed at G-Star in November 2019 and was released into Early Access in May 2020. Now, about two years since launch the game is scheduled to shut down. Game download and in-game currency purchases [...]
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It’s been a tough few months for Pearl Abyss as the South Korean publisher saw a significant drop in revenue for their first fiscal quarter of 2022. The company’s Q1 2022 financial report shows a 22.5% dip in revenue quarter-over-quarter at just KRW 914 million compared to Q4 2021’s KRW 1.18 trillion. Revenues also took a 9.4% hit year-over-year. Over [...]
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2021 was a good year for Pearl Abyss despite shrinking revenues from its core IPs as the company reveals in their Q4 2021 financial report. Operating revenues for the last fiscal quarter of 2021 amounted to ₩118 billion KRW, or roughly $98.6 million USD, which translates to a 22.4% increase quarter-over-quarter and 11.7% increase year-over-year. Pearly Abyss’ main IPs, Black [...]
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Pearl Abyss, the South Korean gaming company that owns and operates Black Desert Online and Eve Online, reported their Q2 2021 earnings report today. The financial highlights are as follows: Total revenue for the quarter was 87.4 Billion Korean Won (KRW), or approx. $75M USD. The Black Desert franchise (Black Desert PC and Black Desert Mobile) made approx. $60M USD [...]
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Pearl Abyss is making a serious effort to make sure that their future games are as realistic as they can get, which just so happens to include a $26 million investment on a new building called the Pearl Abyss Art Center. Once completed, the Pearl Abyss Art Center will rise up to five-storeys and will give the studio over 6,000 [...]
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South Korean developer and publisher, Pearl Abyss, has opened two new studios in North America and in Europe as part of their continued efforts to expand into the west. The new North American studio is located in Los Angeles, while the European studio is located in Amsterdam. According to GamesIndustry.biz, the new studios will be providing support for North American [...]
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The Pearl Abyss Q4 2020 earnings report is now out showing a drop in profits and revenue both for the last fiscal quarter and 2020 as a whole. According to the report, the company saw a dip in operating revenue from ₩536B to ₩489B (roughly US$439M) year-over year. Earnings for the fourth quarter on the other hand, shows a 10% [...]
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