Square Enix Revenue And Profit Rise

Up and up.


Final Fantasy and Tomb Raider publisher Square Enix today reported earnings for the nine-month period ended December 31, 2016, with revenue and profit both rising for the period.

Revenue was ¥190 billion ($1.7 billion), up from ¥152 billion ($1.3 billion) during the same period a year ago. Profit came in at ¥17 billion ($151 million), up from ¥13.5 billion ($120 million) last year. Those are increases of 24.4 and 26 percent, respectively.

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Square Enix called out major new releases such as Final Fantasy XV and Rise of the Tomb Raider's PlayStation 4 version in its earnings report, though it did not mention any specific sales figures. In January, Square Enix announced that Final Fantasy XV shipped 6 million copies.

In its earnings report today, Square Enix added that digital sales for back catalog games were "strong," though it did not mention any titles by name.

Revenue for Square Enix's MMO games have shown "steady performance," but income took a hit due to no major new expansion packs coming out during the nine-month period.

Additionally, net sales and operating income for smart devices and PC "increased significantly" thanks in part to Final Fantasy Brave Exvius (Ariana Grande is in the game), Hoshi No Dragon Quest, and Dragon Quest Monsters Super Light.

Square Enix's gaming division, Digital Entertainment, posted revenue of ¥146 billion (up 32.7 percent) and operating income of ¥21.8 billion (up 5.8 percent).

In other news about Square Enix, the company recently announced a multi-title deal with Marvel, while the Deus Ex franchise is reportedly "on hiatus."

Keep checking back with GameSpot soon for more earnings reports, as Activision Blizzard, Take-Two, Ubisoft, and Nvidia are all scheduled to release earnings results this week.

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