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NCSoft records loss for latest financial quarter


With the rumors of NCsoft planning to either shut down or cut their operations at their Austin, Texas offices, the MMO game developer/publisher announced their latest financial results for the quarter that ended June 30. Revenues were $78.6 million for the quarter, up 7 percent for the same time period a year ago. However, the company recorded a profit of $5.9 million for the quarter which was down 42 percent compared to the same period a year ago.

As per usual, the majority of NCSoft's sales came from its home country of Korea via its Lineage ($27.2 million) and Lineage II ($33.6 million) game titles. City of Heroes/Villains and Guild Wars brought in $5.5 million and $4.9 million in revenues, respectively, while Tabula Rasa only brough in $1.9 million for the quarter. NCsoft's only major new game launch for 2008 will be the fantasy MMO Aion which will be released in Korea late this year.

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