Nexon has come out of the gate in 2016 looking strong. The MMO publisher posted its Q1 financial report this week, stating that the company is up 11% in revenue year-over-year, although it is down from Q4 2015. It’s crediting “better-than-expected performance” from PC and mobile games as a cause for its income bump. The company did post a net loss for the quarter but said that even this was below its outlook.
China (45%) and Korea (39%) account for most of Nexon’s income, compared to the miniscule 4% from North America. PC sales are still dominate at 78%, but mobile is a strong growth segment for the company, with titles like DomiNations and Legion of Heroes under its belt.
In regards to MMOs, Dungeon&Fighter enjoyed one of its most successful quarters yet, while taking over the reins of TERA in Korea has helped boost income in that country. Nexon does expect revenues to decrease for Q2 2016, although the company is optimistic with many games in the pipeline including Riders of Icarus, MapleStory 2, and Final Fantasy XI Mobile.