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NCsoft Q1 profit up 16% YoY

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NCsoft has shown a profit increase of 16 percent for the three months ending March 31 over the same period in the year before.

On a consolidated basis, sales came to $84.3 million for the period. Operating income was $18.9 million, with net profit coming in at $7.7 million. Operating profit showed significant improvements quarter over quarter (63 per cent) and year over year (16 per cent).

Thanks, MCV.

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Patrick Garratt avatar
Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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