Final Fantasy XIV’s Exceeds Square Enix’s Expectations, Prompts Earnings Forecast Increase
Read more at http://www.siliconera.com/2013/11/05/final-fantasy-xivs-exceeds-square-enixs-expectations-prompts-earnings-forecast-increase/#ehtOZsgggToMPv8E.99
Final Fantasy XIV: A Realm Reborn outperformed and Square Enix revised their earning forecast. Their original estimate for net sales was between 59 billion yen ($598 million) and 63 billion yen ($639 million). This number was adjusted to 61.7 billion yen ($626 million).
Square Enix original estimated up to a 2 billion yen ($20 million) operating loss, but thanks to Final Fantasy XIV and strong arcade sales Square Enix expects 4.7 billion yen ($48 million) of operating profit. That’s a significant turn around. Net income was adjusted from between 0 to a 1.3 billion yen ($13 million) loss to 2.6 billion yen profit ($26 million). All numbers are for the six month period ending on September 30, 2013.