Some of Our Sources
- Web Designer Wall
- You The Designer
- Creative Curio
- Inspiredology
- Web Designer Depot
- Fudge Graphics
- Web Design Ledger
- Stylized Web
- Web Resource Source
- TechPowerUp
Help Webnuz
Referal links:
June 1, 2021 09:42 pm GMT
Today, we got the exact details. The Q1 numbers are down, with net profits down by 67% to 32.5 million zlotys (Polish national currency), revenue down 2% to 197.6 million zlotys, and selling costs that soared 79.6% to 62.1 million zlotys. The company shares have tumbled down by around 10% since the Q1 report, closely following the outlook of the quarter. What remains for CDPR is to re-engage the Cyberpunk 2077 community and repair the game so it can reach its full potential, and give players a chance to finally enjoy the whole experience the game has to offer. This will hopefully get the company's financials back on track.
Original Link: https://www.techpowerup.com/282889/cd-projekt-red-profits-go-downhill-amid-cyberpunk-2077-delisting-from-playstation-store
CD Projekt RED Profits Go Downhill Amid Cyberpunk 2077 Delisting from PlayStation Store
CD Projekt RED (CDPR), the maker of popular games like Witcher 3 and Cyberpunk 2077, has published some non-impressive quarterly earnings that have just arrived. The video game maker is responsible for the development of the most anticipated game in the year 2020 - Cyberpunk 2077. Featuring a Hollywood star Keanu Reeves, the game was teased multiple times with an amazing delay that happened three times. In the world of games, they say that the delayed game is better than a rushed game, however, that didn't seem to be the case. A bug-ridden debut happened and the overall gaming experience was very unpleasant, leading to a major move from the PlayStation maker Sony. The Japanese company has delisted Cyberpunk 2077 from its PlayStation store, which produced a big impact a lot on CDPR's sales figures.Today, we got the exact details. The Q1 numbers are down, with net profits down by 67% to 32.5 million zlotys (Polish national currency), revenue down 2% to 197.6 million zlotys, and selling costs that soared 79.6% to 62.1 million zlotys. The company shares have tumbled down by around 10% since the Q1 report, closely following the outlook of the quarter. What remains for CDPR is to re-engage the Cyberpunk 2077 community and repair the game so it can reach its full potential, and give players a chance to finally enjoy the whole experience the game has to offer. This will hopefully get the company's financials back on track.
Original Link: https://www.techpowerup.com/282889/cd-projekt-red-profits-go-downhill-amid-cyberpunk-2077-delisting-from-playstation-store
Share this article:
Tweet
View Full Article
Leading tech publication