160,000+ games · 50+ stores · PC, Xbox, PlayStation & Nintendo
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160,000+ games · 50+ stores · PC, Xbox, PlayStation & Nintendo
Unofficial Keyshops:
Currency:
USD
English
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Gamers Unchained is a platform dedicated to helping gamers find the best deals on PC video games. We track discounts from various sources, including Steam and other digital storefronts, ensuring you never miss a great deal.
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MMOBOMB
Nov 08, 2023
Square Enix is currently going through a financial rollercoaster.
According to the company’s financial earnings from April through September 2023, Square Enix reported net sales of $1.1 billion — marking a 5% increase compared to the previous year. However, profits saw a significant decline, with a 58% decrease — amounting to about $110 million.
The HD Games sub-segment of the company experienced substantial growth though — with net sales reaching $290 million. That’s a 49% increase, and it’s largely attributed to the release of Final Fantasy 16 (which sold over three million copies). Still, it fell short of SE's "high -end" sales expectations.
And then there’s the mobile/PC browser sub-segment, which brought in $358 million thanks to Dragon Quest Champions and Final Fantasy 7: Ever Crisis. MMOs on the other hand saw a 16% decline in revenue, primarily due to reduced sales for Final Fantasy 14 and Dragon Quest 10.
All things considered, Square Enix is optimistic. The company projects a 5% year-on-year increase in net sales for the fiscal year ending in March 2024, with a forecast of $2.4 billion. Star Ocean: The Second Story R is already out now, and Dragon Quest Monsters: The Dark Prince as well as Final Fantasy 7 Rebirth are on the horizon. Also, Final Fantasy 14 is coming to Xbox in spring 2024, plus the new expansion Dawntrail launches the summer that follows.
This article was curated from external sources. Originally reported by MMOBOMB, summarized by Gamers Unchained. All trademarks belong to their respective owners.
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