Tizoc
Member
Didn't see a thread for this, but TSSZNews' info is usually spot on when it comes to such things
With how Sonic LW has been doing, I'm afraid it won't do well in the short run, but great to see them doing well so far.
Now start releasing your DC & PC games on Steam, AND GIVE ME WORLD OF ILLUSION FOR PSN AT LEST DAMNIT!
Source: http://www.tssznews.com/2013/11/01/sega-sammy-2q-profits-better-than-forecast/Consumer Business Also Back in the Black
Sega Sammy Holdings this week reported stronger sales year over year in the second quartereven as it missed its own estimatesbut net income rose better than expected.
Though the second quarter of fiscal year 2014, Sega Sammy reported net income of ¥11.3 billion, or $115 million, on sales of $1.64 billion. Net sales are up 19 percent year over year, with net income up close to 200 percent YoY.
In consumer business, the division Sega is a part of, the news was also good. Operating income through Q2 was ¥1.1 billion, or more than $11 million, on sales of $443.4 million. Sega Sammy was expecting a loss in consumer business to this point, and sales were up 24 percent year over year.
Game sales were also up over expecations, to 3.23 million units. Thats a 17 percent increase versus this time last year. Sales of just 3.01 million were expected.
The positive results have allowed Sega Sammy to adjust their projected sales and net income for the whole year up.
All in all, this is good news for Sega, and theyll need it depending on how well Nintendo exclusives Sonic Lost World and Mario and Sonic at the Olympic Winter Games Sochi 2014 do. Other titles like Total War: Rome 2 and Phantasy Star Online 2 look to be propping up Segas bottom line.
On the pink sheets today, SGAMY closed up just a third of a percent.
With how Sonic LW has been doing, I'm afraid it won't do well in the short run, but great to see them doing well so far.
Now start releasing your DC & PC games on Steam, AND GIVE ME WORLD OF ILLUSION FOR PSN AT LEST DAMNIT!
Oh, for some reason I thought they weren't reporting until tomorrow.
Unit forecasts and actuals through end of Q2 (000s).
Code:Forecast Actual SKU Units SKU Units PS3 1 150 1 20 WiiU 3 170 1 0 PSP 2 180 1 130 PSV 1 40 0 0 PC 5 860 5 1270
PC beating expectations. Everything else underperforming.
Were they originally planning to release the Sonic games in Q2?