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2023-05-09 08:42:17 ET Nintendo ( OTCPK:NTDOY ) released its full-year results on Tuesday, noting that revenue for the period fell 5.5% as sales of its Switch console waned. From April 2022 to March 31, 2023, Nintendo ( OTCPK:NTDOY ) said Switch sales were 17.97M, down 22.1%...
2023-05-04 10:17:43 ET Summary JAKKS Pacific reported Q1 earnings which beat expectations, highlighted by firming margins and a positive outlook by management. The company is capturing strong demand for Super Mario Bros. movie related merchandise as a tailwind for full-year earnin...
2023-05-02 12:24:33 ET Summary Microsoft Corporation reported its fiscal Q3 results on April 25 and blew away the consensus as both revenue and EPS came in much better than anticipated. Driving the outperformance were higher cloud revenues, better performance in More Personal Comp...
2023-05-01 08:57:50 ET Comcast ( NASDAQ: CMCSA ) shares rose more than 1% in pre-market trading on Monday as investment firm Bank of America upgraded the media and cable giant after it reported "strong" first-quarter results. Analyst Jessica Reif Ehrlich raised her ratin...
2023-04-28 10:48:05 ET Microsoft ( NASDAQ: MSFT ) said on Friday that it signed a 10-year cloud deal to bring its and Activision Blizzard's ( NASDAQ: ATVI ) games to Spanish cloud gaming platform Nware, just days after a U.K. regulator said that its deal to buy Activisio...
2023-04-27 13:29:59 ET Summary Nintendo’s sales have slowed, dropping 12% from FY 2021 to FY 2022 following its pandemic hype. Simultaneously releasing The Legend of Zelda: Breath of the Wild and The Nintendo Switch caused Nintendo's revenues to more than double in 2017. ...
2023-04-26 07:20:11 ET Activision ( NASDAQ: ATVI ) shares plunged more than 5% in pre-market trading on Wednesday after the U.K.'s regulator blocked Microsoft's ( NASDAQ: MSFT ) proposed deal to buy the video game publisher for almost $69B, citing concerns about cloud ga...
2023-04-25 05:11:23 ET Summary Nintendo has one of the best brands in the games industry, which is a huge competitive advantage. They also have tremendous future growth opportunities and a strong balance sheet. Future returns, therefore, depend on the efficient use of capital ...
2023-04-24 18:58:40 ET The Super Mario Bros. Movie ( NASDAQ: CMCSA ) gamed up another payday in easily leading the box office for a third straight weekend, while another off-season horror film topped its own expectations, as counterprogramming. The Mario movie, based on ...
2023-04-20 08:05:00 ET Videogame sales slipped 5% year-over-year in March, a victim of a tough comparison against the same month a year ago, when eight new games had juiced content revenues. Overall sales slid to $4.633B from last March's $4.875B, according to research group Circana. ...