Try our new beta!Click here
20°
Submitted by Gekko 1287d ago | news

Video game makers expected to post losses

The video game industry is riding low expectations in the wake of last week's disappointing earnings and slashed guidance from Zynga (ZNGA -3.65%) and a wider-than expected net loss from Nintendo (NTDOY -0.07%).

Other video game makers are scheduled to report earnings this week, and analysts on average expect to see net losses and declining sales from Electronic Arts (EA -0.80%), Take-Two Interactive (TTWO -2.85%) and THQ (THQI +0.59%). Only Activision Blizzard (ATVI 0.00%) is catching a break, with stronger sales expected to have buoyed its profit. (Activision Blizzard Inc., EA, Industry, Nintendo, Take-Two, THQ, Zynga)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
40°

Game Trailers Closes Down After 13 Years, What They Meant to Me

20m ago - A sudden tweet by Game Trailers confirms, the sudden closing down of their website. Joe from Poli... | PC
40°

Arslan: The Warriors of Legend Interview with Development Team

22m ago - Travis Bruno of Capsule Computers writes: "Koei Tecmo and Omega Force have made quite a name f... | PC
Ad

Gran Turismo SPORT Beta Testing Begins early 2016

Now - Start tracking GTS with Releases.com's release date alert service and be notified when the GTS beta launches. | Promoted post
40°

Marvel Avengers Academy Review | about

41m ago - "Marvel Avengers Academy is simultaneously everything that's right and wrong with mobile gaming.... | iPhone
40°

Atelier Escha & Logy Plus: Alchemists of the Dusk Sky Review [Capsule Computers]

42m ago - Travis Bruno of Capsule Computers writes: "Over recent years we’ve seen the Atelier series mov... | PS Vita
40°

Nitroplus Blasterz: Heroines Infinite Duel Review [Capsule Computers]

42m ago - Travis Bruno of Capsule Computers writes: "There has been a pleasantly surprising uptick in th... | PS3