Our latest coverage of NCsoft. 684y2r
It's no secret that NCSoft has been struggling over the last few years. Revenues peaked post-COVID in 2022 and have been in steep decline since. 2024 revenues are back below 2017 levels and the company's stock price has been diving, down 71% over the last 5 years. While the transition from primarily PC gaming to mobile games have led to [...]
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NCSOFT has released its Q4 2024 earnings report, revealing a 2% quarter-over-quarter (QoQ) increase in revenue but an overall 6% year-over-year (YoY) decline in total sales. The company reported KRW 409.4 billion ($307 million) in revenue for the quarter, but an operating loss of KRW 129.5 billion ($97 million), driven by rising operational expenses. While NCSoft does not directly spell [...]
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NCSoft was forced to reveal that Guild Wars 3 is already in the works after being called out by its investors during a shareholder meeting this week to address the company’s dropping stock value. The first concern that shareholders brought forth during the meeting was the underwhelming performance of Throne and Liberty in South Korea and the company’s decision to [...]
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It looks like things are starting to pick up for NCSoft as the South Korean video game publisher finally sees a 15% increase in revenue after a three-quarter drop, according to its Q4 2023 financial report. It’s still far below the company’s Q4 2022 and annual revenues are still down by 31% compared to 2022 but it’s a start. To [...]
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Sony Interactive Entertainment and NCSoft have entered into a strategic partnership to explore “global collaboration opportunities” across various fields of business. There aren’t any solid plans at the moment, but there’s speculation that Sony might be diving headfirst into the mobile gaming market. The partnership agreement might also have something to do with Microsoft’s recently completed acquisition of Activision Blizzard [...]
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NCSoft’s revenues are still in a downward trend for three consecutive quarters. According to the South Korean publisher’s latest financial report, revenues are down 4% quarter-over-quarter for Q3 2023 and 30% year-over-year and its not because its PC MMORPG’s aren’t pulling their weight. The revenue drop is largely attributed to the poor performance of its mobile titles. Lineage W, in [...]
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Over the past few months, it seems like everybody is suing somebody else in the video game world for copyright infringement or some trademark violation or other. The latest one comes from NCSoft who filed a copyright infringement and unfair competition complaint against Kakao Games and XL Games for allegedly plagiarizing Lineage 2M features for use in its ArcheAge [...]
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NCSoft is making significant advancements in its backend tech and the studio is showing it off in a new trailer for its adventure game, Project M. The game itself is an exclusively single-player title but it’s worth covering due to the graphical and AI tech that the South Korean developer employed to bring it to life. The new trailer [...]
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Amazon Games announced today that they'll be bringing NCSoft's newest MMORPG 'Throne and Liberty' to North America, South america, Europe and Japan. Throne and Liberty is billed as an action MMORPG with a rich story. No word on a release date just yet, but it'll likely launch this year as the Korean version of the game is set to launch [...]
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The last few months have been rough for the video game industry and the tech industry in general with thousands of employees being laid off as company’s try to cut costs. NCSoft West is the latest company to add to that growing number as the western branch of the South Korean developer and publisher lays off 20% of its workforce. [...]
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