NEXON Co., Ltd. Provides Earnings Guidance for the Fourth Quarter of 2021
November 09, 2021 at 10:16 am EST
Share
NEXON Co., Ltd. provided earnings guidance for the fourth quarter of 2021. For the quarter, The company expects group revenues to be in the range of ?51.2 billion to ?57.0 billion, representing a 23% to 14% decrease year-over-year on an as-reported basis and a 26% to 18% decrease year-over-year on a constant currency basis. Expect operating income to be in the range of ?2.5 billion to ?6.9 billion. Expect net income to be in the range of ?0.3 billion to ?3.6 billion.
NEXON Co, Ltd. is specialized in the development and publishing of interactive video games. The group offers games (MapleStory, Dungeon&Fighter, FIFA ONLINE 4, etc.) for PCs (70.9% of net sales) and mobile devices (28.4%; smartphones, tablets, etc.).
Net sales are distributed geographically as follows: Japan (1.8%), Korea (91.1%), North America (5.4%), China (1.1%) and others (0.6%).