NEXOY - NEXON  reports Q1 results

2023-05-11 17:41:00 ET

• NEXON press release ( OTCPK:NEXOY ): Q1 Net income of ¥52.8B.
• Revenue of ¥124.1B (+36% Y/Y)

• Second Quarter 2023 Outlook:

  • Expect revenue in the range of ¥88.4 to ¥96.7 billion, representing a 5% to 15% increase year over year on an as-reported basis and a 7% to 17% increase on a constant-currency basis ^[1]
  • Expect operating income of ¥22.1 to ¥28.7 billion
  • Expect net income ^[5] of ¥18.1 to ¥23.1 billion
  • FX sensitivity ^[8] : Every one-Japanese yen move against the U.S. dollar would have the following impact on our financials for Q2 2023

  ? Revenue: ¥0.69 billion? Operating Income: ¥0.20 billion

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