NCsoft Q2 Operating Profit Falls 25%

Edge writes: "NCsoft has reported second quarter 2008 operating profit of $7.7 million, down 25 percent compared to the second quarter last year.

While sales were up seven percent to $78.6 million, net income dived 42 percent to $5.9 million.

NCsoft said that the increase in sales was primarily due to the closure of private Lineage servers and the successful update of Lineage II Gracia Part 1, while the drop in operating profit was attributed to continued investment, including in personnel, across the company's development studios."

Read Full Story >>
The story is too old to be commented.