Jung-ju Jay Kim, founder of South Korean gaming company Nexon, has passed away at age 54. On Tuesday, Nexon’s holding company NXC released a statement: “With deep sadness, Nexon mourns the unexpected death of its beloved founder, Jungju Jay Kim, who passed away in February.” His sudden death came as a big shock to South […]
Today, publisher Nexon announced its financials for the first quarter of 2021, showing year-over-year improvements to revenues and profits.
For the three months ended March 31, Nexon reported revenues were ¥88.3 billion ($806 million), up 7% year-over-year while operating income was ¥43.3 billion ($395 million).
Net income was reported at ¥46.0 billion ($420 million) which as attributed to attributed to favorable currency exchange rates.
By region the publisher notes that China, North America, Europe revenues exceeded the parameters that they had originally assumed.
FIFA Mobile, MapleStory, and Dungeon&Fighter were some of the titles that performed better financially this quarter than the Nexon forecasted. Nexon delivered another strong quarter with revenue growth and multiple regions performing close to or above the high end of our guidance, said president and CEO of Nexon Owen Mahoney.