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Games & Commerce

NCSoft aims for quarterly growth on legacy, new IP and mobile casual three pillars

NCSoft posted a clear earnings rebound after achieving its biggest-ever first-quarter PC sales. The company said it will pursue continued quarter-by-quarter growth based on three pillars: expanding legacy intellectual property, globally launching new IP and ramping up mobile casual. Co-CEO Byung-moo Park said he was confident revenue and operating profit will keep rising quarter on quarter and year on year. The company highlighted Lineage Classic, plans for Aion2 and the integration of Germany\'s JustPlay.

Games & Commerce

NCSoft posts sharp rebound in first-quarter profit on success of new releases

NCSoft said its first-quarter revenue rose 54.7 percent from a year earlier to 557.4 billion won, helped by consecutive hits from new releases Aion2 and Lineage Classic. Operating profit jumped 2,070.1 percent to 113.3 billion won and net profit rose 306.4 percent to 152.4 billion won. PC game sales hit a quarterly record. The company plans to start global service for Aion2 in the second half.

Games & Commerce

NCSoft forecasts 1,681 percent jump in Q1 operating profit as revenue structure shifts

NCSoft is expected to post a 1,681.5 percent surge in first-quarter operating profit from a year earlier, as its revenue structure shifts rather than benefiting only from a low base effect, an analysis said. Forecasts put Q1 sales at 518.1 billion won and operating profit at 93.0 billion won. Analysts cited contributions from Aion2 and Lineage Classic, while noting lingering cost pressures and the importance of Aion2’s global launch.