{"id":12591,"date":"2018-02-09T22:11:00","date_gmt":"2018-02-09T22:11:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/314534"},"modified":"2018-02-09T22:11:00","modified_gmt":"2018-02-09T22:11:00","slug":"nexon-closes-2017-with-record-q4-revenue","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/02\/09\/nexon-closes-2017-with-record-q4-revenue\/","title":{"rendered":"Nexon closes 2017 with record Q4 revenue"},"content":{"rendered":"<p>Nexon has closed out its 2017 fiscal year with both revenue and profit showing an increase over 2016\u2019s numbers.\u00a0<\/p>\n<p>The Japan-based company reported \u00a5235 billion (~$2.2 billion) in revenue for the full year ending December 31, 2017, a 28.3 percent increase from the revenue reported in 2016.<\/p>\n<p>Likewise, operating income rose in 2017. This year, Nexon reported \u00a590.5 billion (~$831.7 million) in operating income, a 122.6 percent year-over-year increase from the \u00a540.7 billion of 2016.\u00a0<\/p>\n<p>Nexon says that relatively stable economies within its countries of operation helped drive the company&#8217;s\u00a0progress within the past year, though some fourth-quarter exchange rate fluctuation caused some of its income to decrease and costs to rise outside of Japan.\u00a0<\/p>\n<p>Looking at just the fourth quarter alone, Nexon reported \u00a552.7 billion (~$484.3 million) in revenue, a 22 percent increase from last year\u2019s numbers.<\/p>\n<p>Between that and a 61 percent year-over-year increase in operating income, Nexon says it had its best Q4 to date and that\u00a0strong quarterly revenue was driven in no small part by the popularity of <em>Dungeon&amp;Fighter<\/em> in China.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.sickgamedev.win\/wp-content\/uploads\/2018\/02\/nexon-closes-2017-with-record-q4-revenue.jpg\" \/><\/p>\n<p>China led Nexon\u2019s overall fourth-quarter revenue gain, followed by Korea, Japan, North America, and Europe. China\u2019s \u00a522.8 billion (~$209.5 million) revenue made up 43 percent of the company\u2019s overall revenue for the quarter.\u00a0<\/p>\n<p>Nexon noted that its growth in the North American market was largely boosted by its acquisition of Pixelberry Studios in late November. That region saw a 53 percent rise in revenue year-over-year, coming in at \u00a53.2 million (~$29,400) for the fourth quarter.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nexon has closed out its 2017 fiscal year with both revenue and profit showing an increase over 2016\u2019s numbers.\u00a0 The Japan-based company reported \u00a5235 billion (~$2.2 billion) in revenue for the full year ending December 31, 2017, a 28.3 percent increase from the revenue reported in 2016. Likewise, operating income rose in 2017. This year, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12592,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-12591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/12591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=12591"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/12591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/12592"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=12591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=12591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=12591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}