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2023-05-20 10:00:00 ET U.S. videogame sales fell year-over-year for the second straight month in April, as a broad content decline more than offset more gains in console sales. Overall sales dipped 5% to $4.123B from last March's $4.32B, according to research group Circana. On a yea...
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. ...
2023-04-14 17:30:07 ET Sega Sammy ( OTCPK:SGAMY ) is reportedly closing in on a deal to buy Rovio Entertainment ( OTC:ROVVF ), the Finnish maker of addictive bug aging mobile hit Angry Birds. That deal may come as soon as early next week and at a valuation of about $1B, ...
2023-03-29 14:42:29 ET Videogame sales rose 6% year-over-year in February, their biggest percentage growth since October 2021, with broad jumps buoyed by sharply higher spending on consoles. Overall sales rose to $4.6B from the previous February's $4.321B, according to Circana (the ...
2023-03-23 05:29:14 ET Summary The release of the classic 'Resident Evil 4' remake will be a major success, driving earnings strongly in Q4 FY3/2023. We believe the company will upwardly revise company guidance as a result and will enjoy high earnings visibility into FY3/2024. ...
Summary Recent trading at Capcom has been strong, driven by 'Monster Hunter' and strong back catalog sales. Outlook for FY3/2024 is sustained growth with the planned release of two new major IPs. With a strong track record and high profitability, we believe the shares should trade a...
The following slide deck was published by Sega Sammy Holdings Inc. in conjunction with their 2023 Q2 earnings call. For further details see: Sega Sammy Holdings Inc. 2023 Q2 - Results - Earnings Call Presentation
Cowen is curtailing its expectations for console videogame spending this year, pointing to additional hurdles from game delays as well as foreign exchange since its last look at the space. The firm expects 2022 console game spending to fall 7%, down from a previous estimate for a 1%...
Videogame sales continued a year-over-year decline in July - but at a moderating rate, and the spending tracked back toward near 2020 levels, with some help from increased console outlays. Overall sales fell 9% year-over-year to $4.177B, according to NPD Group, mirroring the 10%...
Consumer videogame spending slipped 13% in the second quarter from the same period a year ago - an acceleration of year-over-year declines as the industry struggles through tough comparisons to a pandemic 2021, and wrestles its way out of supply-chain woes amid an inflation shock to ent...
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GAN Limited (NASDAQ: GAN) shares are trading higher after the company agreed to be acquired by Sega Sammy Creation Inc. for $1.97 per sha...