Nexon Releases Earnings for Third Quarter 2023
NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced financial results for its third quarter ended on September 30, 2023.
- NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced financial results for its third quarter ended on September 30, 2023.
- “Nexon is tracking to finish the year with seven consecutive quarters of double-digit revenue growth,” said Owen Mahoney, President and CEO of Nexon.
- For our investors, this translates to an asymmetric upside opportunity with existing franchises delivering steady revenue and new releases offering potential for step-function growth.
- While packaged sales of digital items increased year over year, sales of individual items decreased as Nexon ramped up award incentives to attract players.