Blue Archive

Nexon Releases Earnings for Fourth Quarter and Full-Year 2023

Retrieved on: 
Thursday, February 8, 2024

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its fourth quarter and fiscal year ended on December 31, 2023.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its fourth quarter and fiscal year ended on December 31, 2023.
  • “Despite unforeseen short-term challenges in Q4, Nexon delivered record-setting full-year revenue and operating income in 2023, growing revenue 20% and operating income 30%,” said Owen Mahoney, President and CEO of Nexon.
  • The biggest of these is Dungeon&Fighter Mobile in China, which we plan to launch as soon as possible in 2024.
  • Nexon is working with our local publishing partner Tencent to launch the game as soon as possible in 2024.

Nexon Releases Earnings for Third Quarter 2023

Retrieved on: 
Thursday, November 9, 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.

Key Points: 
  • 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.

Nexon Board of Directors Approves Leadership Succession

Retrieved on: 
Thursday, November 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced a leadership succession plan.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced a leadership succession plan.
  • Mr. Lee currently serves as CEO of Nexon Korea Corporation and on Nexon’s Board of Directors.
  • As a Nexon veteran with two decades of experience, Mr. Lee brings proven leadership and operational experience.
  • Under his leadership, Nexon delivered consistent growth in revenue and operating income and the most robust pipeline in the company’s history.

Nexon Releases Earnings for Second Quarter 2023

Retrieved on: 
Wednesday, August 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its second quarter ended on June 30, 2023.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its second quarter ended on June 30, 2023.
  • “Nexon delivered a fifth-straight quarter of double-digit topline growth with operating income up 22% year over year,” said Owen Mahoney, President and CEO of Nexon.
  • In Korea, Nexon achieved record-breaking second quarter revenue – up 21% year over year and within our outlook.
  • FIFA ONLINE 41 achieved record-breaking second quarter revenue, maintaining a positive trend that followed last year’s World Cup.

Nexon Releases Earnings for First Quarter 2023

Retrieved on: 
Thursday, May 11, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its first quarter ended on March 31, 2023.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its first quarter ended on March 31, 2023.
  • “Our record-breaking first quarter reflects the success of our large and growing portfolio of global franchises,” said Owen Mahoney, President and CEO of Nexon.
  • In Korea, Nexon achieved record-breaking quarterly revenue – up 36% year over year on an as-reported basis.
  • Based on feedback from players, Nexon will follow up with improvements to the user interface and with relentless content updates.

Nexon Releases Earnings for Fourth Quarter and Full-Year 2022

Retrieved on: 
Thursday, February 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its fourth quarter and fiscal year ended on December 31, 2022.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its fourth quarter and fiscal year ended on December 31, 2022.
  • “Nexon has never been stronger, or its future brighter,” said Owen Mahoney, President and CEO of Nexon.
  • In Korea, Nexon generated record-breaking fourth quarter revenue, up 62% year over year on an as-reported basis and up 50% on a constant-currency basis1.
  • Nexon achieved record-breaking revenue in FY2022, driven by strong growth of major franchises and the launch of new Virtual Worlds.