Nexon sees The Finals as "a franchise pillar" after the game surpasses internal and quarterly expectations. |UP| Finals is actually underperforming.

Gamernyc78

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South Korean video game publisher Nexon has plenty of faith in The Finals, the frenzied, free-to-play first-person-shooter developed by subsidiary company Embark Studios. In its latest financial report, Nexon said “[The Finals] offers a clear opportunity to become a new and sustainable pillar of Nexon’s global franchise strategy,” after the game surpassed the company’s internal projections and quarterly booking expectations.

The Finals saw over 200,000 concurrent users on Steam just 24 hours after its release, climbing to an all-time high concurrent player count of 242,399 at its peak. Although naturally that number has diminished after the initial buzz and release of the game, Nexon is still confident that The Finals, which helped boost company revenue by 78%, will be an essential property moving forward alongside games like Maplestory and Dave the Diver.

5/14 Update..


In December, Embark Studios shadowdropped The Finals, a high-octane, destructive first-person shooter with some hero elements worked in. It pulled in a substantial audience overnight, reaching a peak player count of a quarter of a million users on Steam alone. This free-to-play shooter was regarded as a ‘major franchise pillar’ for Nexon, the game’s publisher and great expectations rose following a successful launch window.

However, in the most recent financial update from Nexon, it was confirmed numerous times that The Finals isn’t hitting expected targets and that work is underway to find out why that is.

In the financial letter published recently by Nexon, it was revealed:

The launch of Season 2 in March created a short-lived increase in player metrics but delivered lower-than-expected retention and revenue. The Embark team is working with our Korea-based Live Operations team to understand and address the key issues.
 
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Shadow2027

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Is this still big. I tried at launch for an hour then came back getting a group for an hour and dead again
 
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Evilnemesis8

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This is the IR report.

This particular bit is hilarious if you're aware of what happened here :ROFLMAO:

However, our fourth quarter revenue and operating income fell below expectations, with three key drivers performing lower than anticipated.
• MapleStory in Korea: Q4 revenue was up 54% year over year. In November, a promotional video made by a production company in Korea created a controversy, which led to negative consumer reaction.
While addressing player concerns, Nexon suspended marketing and throttled back on monetization.
This issue is now largely resolved, however, Q4 revenue from the game fell short of our expectations.
 
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John Elden Ring

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the-finals-top-scaled.jpg



In December, Embark Studios shadowdropped The Finals, a high-octane, destructive first-person shooter with some hero elements worked in. It pulled in a substantial audience overnight, reaching a peak player count of a quarter of a million users on Steam alone. This free-to-play shooter was regarded as a ‘major franchise pillar’ for Nexon, the game’s publisher and great expectations rose following a successful launch window.

However, in the most recent financial update from Nexon, it was confirmed numerous times that The Finals isn’t hitting expected targets and that work is underway to find out why that is.


Not Hitting The Mark​


In the financial letter published recently by Nexon, it was revealed:


The launch of Season 2 in March created a short-lived increase in player metrics but delivered lower-than-expected retention and revenue. The Embark team is working with our Korea-based Live Operations team to understand and address the key issues.

Elsewhere, Nexon admitted that the solid results of other titles in its portfolio were ‘partially offset’ by The Finals’ shortfall. Ultimately, The Final’s failure to deliver on expectations meant that the publisher reported lower revenue than it was originally targeting, despite reporting growth in MapleStory and rampant success from DAVE THE DIVER.
 
OP
OP
Gamernyc78

Gamernyc78

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In December, Embark Studios shadowdropped The Finals, a high-octane, destructive first-person shooter with some hero elements worked in. It pulled in a substantial audience overnight, reaching a peak player count of a quarter of a million users on Steam alone. This free-to-play shooter was regarded as a ‘major franchise pillar’ for Nexon, the game’s publisher and great expectations rose following a successful launch window.

However, in the most recent financial update from Nexon, it was confirmed numerous times that The Finals isn’t hitting expected targets and that work is underway to find out why that is.

In the financial letter published recently by Nexon, it was revealed:

The launch of Season 2 in March created a short-lived increase in player metrics but delivered lower-than-expected retention and revenue. The Embark team is working with our Korea-based Live Operations team to understand and address the key issues.
 

voke

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10 Jan 2023
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PC gamers please give them your unlimited dollars and make this a success thank you.