NEXON Co., Ltd. Provides Earnings Guidance for the Second Quarter of 2021
May 12, 2021 at 10:40 am EDT
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NEXON Co., Ltd. provided earnings guidance for the second quarter of 2021. For the quarter, the company expects group revenues to be in the range of ¥54.5 to ¥59.6 billion, representing a 16% to 8% decrease year-over-year on an as-reported basis and a 23% to 16% decrease year-over-year on a constant currency basis. Operating income expected to be in the range of ¥12.0 to ¥16.4 billion. Net income expected to be in the range of ¥9.0 to ¥12.3 billion.
NEXON Co, Ltd. is specialized in the development and publishing of interactive video games. The group offers games (MapleStory, Dungeon&Fighter, FIFA ONLINE 4, etc.) for PCs (70.9% of net sales) and mobile devices (28.4%; smartphones, tablets, etc.).
Net sales are distributed geographically as follows: Japan (1.8%), Korea (91.1%), North America (5.4%), China (1.1%) and others (0.6%).