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 Sega Projects Net Loss As Sonic Boom Skids With Under 500,000 Copies Sold

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PostSubject: Sega Projects Net Loss As Sonic Boom Skids With Under 500,000 Copies Sold   Thu Feb 12, 2015 1:40 pm

http://www.gameinformer.com/b/news/archive/2015/02/12/sega-projects-net-loss-as-sonic-boom-skids-with-under-500000-copies-sold.aspx

Quote :
With recent layoffs and the announcement of abandoning its long-time North American headquarters in San Francisco, we knew that Sega wasn’t have its best year. Today’s earnings release puts a fine point on that, as the company now projects a year-end loss following a down holiday quarter.

Sega announced net sales for the quarter of ¥113.27 billion ($945.78 million), down from ¥141.75 billion ($1.18 billion) during the same quarter last year. Profits for the holiday quarter, typically a strong one, are down over 93 percent from ¥32.98 billion ($275.4 million) last year to ¥2.06 billion (17.16 million) in the most recently completed quarter.

While Alien: Isolation performed well across five platforms with 1.76 million copies shipped, Sega’s partnership with Nintendo didn’t bear much fruit. The two Sonic Boom titles shipped a combined 490,000 copies. Neither reviewed particularly well.

The company announced a significant revision to its year-end forecast that covers the financial statements in red ink. Sales expectations have been lowered and profit expectations dropped from a gain of ¥4 billion ($33.4 million) to a loss of ¥13 billion ($108.5 million).

​Shame, i actually liked this game too
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Chilly
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PostSubject: Re: Sega Projects Net Loss As Sonic Boom Skids With Under 500,000 Copies Sold   Thu Feb 12, 2015 1:45 pm

Game looks utter ass from what I've watched.

I'll buy it when it's like £2 Cool
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