Shin
Banned
Today Square Enix published a transcript of its latest quarterly financial conference for investors and analysts, and it included a few interesting details about the publisher’s business.
First of all, we learn that Just Cause 4 sold fewer units than expected by Square Enix, leading to “disappointing” quarterly results.
That being said, digital sales of Shadow of the Tomb Raider showcased a degree of growth during the Holidays. That being said, Lara Croft’s latest adventure shipped 4.12 million units as of the end of December 2018, and this is defined as a “weak start.”
Multiple among the mobile and browser games launched in the latest quarter also “got off to a lackluster start.”
While Kingdom Hearts III already shipped over 5 million units, Square Enix expects sales to grow further before the end of the fiscal year in March, as the game should be a significant contributor to the improvement in earnings in the quarter between January and March.
Interestingly, CEO Yosuke Matsuda teased “various” game announcements “in the leadup to this year’s E3” related to the fiscal year ending in March 2020.
Credit: Twinfinite
Source: Square-Enix