Our latest coverage of Nexon. m62z
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 [...]
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Nexon unveiled details on 12 new games currently being developed at the company's studios in Seoul, South Korea. The game I found most interesting on this list is Project MOD which is Nexon's attempt at competing with Roblox with their own player made game platform. Check it out below alongside the other games Nexon is working on: Project Magnum (PC [...]
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Nexon announced today that Myeong-jin Yun, the man leading oversight at Project BBQ and Mobile DFO, will take over the leadership position on Dungeon Fighter Online (alongside his other responsibilities). The goal with the leadership shuffle is to bring forth new ideas to keep the now 16 year old game fresh. Myeong-jin Yun ed Neople in 2008 to work on [...]
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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, [...]
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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 [...]
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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 ing for 51% of revenue and [...]
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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 [...]
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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 ed by [...]
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High-flying fantasy MMORPG Riders of Icarus has officially been operating in North America for three years. Apparently, three years also marks the end of Nexon America’s contract as the game’s publisher. In an announcement on the game’s official site, Nexon thanks the community and officially es on the torch to Valofe Global. “NEXON would like to thank our Riders of [...]
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Nexon’s share prices have taken an unexpected hit after a local newspaper reported that Kim Jung-ju has changed his mind about selling his controlling stake in the tech giant. According to Bloomberg, the company’s share prices have gone down as much as 5% bringing Kim’s stake valuation down from $8.6 billion to $6.1 billion. Back in January, Nexon made headlines [...]
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