Search results for Horizon Steel Frontiers
Games & Commerce
NCSoft still undervalued despite earnings rebound; spotlight on Aion2 global launch
NCSoft is expected to extend earnings improvement in the second quarter on the back of Lineage Classic’s strong performance, wider direct payments and consolidation of JustPlay, analysts say. The market consensus calls for 681.2 billion won in revenue and 129.4 billion won in operating profit. Despite the rebound, securities firms put its forward 12-month PER at around 11. Investors are focused on whether Aion2’s September global release will prompt a valuation re-rating.
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
NC changes name and sets out three strategies as shareholders criticise dividend and pay
NCSoft on March 26 changed its name to NC and reaffirmed three medium- to long-term growth strategies at its annual shareholders meeting. Shareholders pressed the company over a lower dividend, higher executive compensation and the possibility of disposing of treasury shares. All six agenda items were approved as proposed, including amendments to the articles of incorporation and plans related to treasury shares. Management outlined strategies spanning legacy IP, new global IP and mobile casual expansion, and addressed questions on user metrics and payment ratios.
