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NCsoft reveals latest financial figures


MMO publisher NCsoft has become the latest to release their financial numbers, for both the fourth quarter 2008 as well as the full year. For the full calendar year revenues were $248.6 million (a 5 percent increase compared to the same period a year ago) with a net profit of $19.5 million (a 40 percent decrease from the same period a year ago. For the fourth quarter of 2008, NCsoft had revenues of $71.0 million compared to revenues of $ 56.2 million for the same period a year ago and a net profit of $5.7 million compared to $ 3.6 million for the same period a year ago.

NCsoft launched their latest MMO, Aion, in Korea in November 2008 and plans to launch the game in the US and Europe in the fall of 2009. There's still no word on launch dates for two other upcoming NCsoft titles; Guild Wars 2 and the upcoming MMO from their Carbine Studios team. Meanwhile NCsoft sent over a comment about our previous NCsoft story about their decision not to attend E3 2009. Here is their statement:

I want to clarify for you that our not attending E3 and our structural changes are not a result of financial difficulty. This is the completion of the structuring we began last year when NCsoft West was formed under a new management team who decided to bring the European and North American businesses under one umbrella. The result is more streamlined operations across territories. Many of the positions that were restructured last year and this week are being relocated to our headquarters in Seattle, as well as our studios on the US west coast. This includes many of the positions that are moving from our UK office. Some employees are in the process of relocating, and some will be in the near future.

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