Nexon, the writer of LawBreakers, has mentioned that its third quarter earnings suffered primarily due to the sport’s low gross sales.
In Nexon’s Q3 earnings report [PDF], the writer touched a bit on the LawBreakers state of affairs almost about the sport’s gross sales, and the way it affected the remainder of Q3’s outcomes.
“Our results in North America in the third quarter were below our outlook, mainly due to the sales from Lawbreakers being below our expectations,” the report said.
Nexon blamed a part of this on the explosive success of PUBG.
“We had very high expectations for its launch; however, the timing of its launch turned out to be unfortunate, specifically the blockbuster PC online game PlayerUnknown’s Battlegrounds came out right about the same time, making the market environment very tough for first-person shooters in general and for Lawbreakers,” Nexon mentioned.
Although, sure, it’s very doable that PUBG’s success sucked the air out of the room on the subject of PC shooters usually, two issues are price mentioning. First, PUBG is a really totally different sport from LawBreakers, and their core audiences might not overlap that usually.
Second, PUBG began turning into the phenomenon that’s right this moment across the Early Access launch on the finish of March, properly earlier than LawBreakers’ August 7 launch date.
Nexon additionally revealed that LawBreakers was accountable for almost all of impairment loss in Q3. What’s extra, CTO Shiro Uemura mentioned that the sport gained’t be accruing any extra impairment losses, which implies Nexon has written it off. It’s not clear what this implies for the sport’s future, however writing off an asset normally means it’ll both be offered or deserted.
You can learn the remainder of the report, and some investor questions, on the hyperlink above.
Thanks, SE7EN.WS.
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