NEXON Co., Ltd. Provides Earnings Guidance for the Fourth Quarter of 2024
November 12, 2024 at 02:11 pm EST
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NEXON Co., Ltd. provided earnings guidance for the fourth quarter of 2024. Expect revenue in the range of ¥83.8 billion to ¥94.7 billion, down 1% to up 12% year over year on an as-reported basis, flat to up 12% year over year on a constant-currency basis. Excluding the impact of the one-off impairment loss, the company expects an operating income in the range of ¥5.2 billion to ¥13.7 billion.
Expects a net income of ¥0.5 billion to ¥6.1 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%).