NEXON Co., Ltd. Provides Earnings Guidance for the First Quarter of 2021
February 09, 2021 at 09:29 am EST
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NEXON Co., Ltd. provided earnings guidance for the first quarter of 2021. For the quarter, the company expects revenues in the range of ¥82.8 to ¥89.1 billion, up 0% to 8% year-over-year on an as-reported basis, down 3% to up 5% year-over-year on a constant currency basis. The company expects operating income of ¥35.3 to ¥41.9 billion and net income of ¥26.0 to ¥30.9 billion.
NEXON Co, Ltd. is specialized in the development and publishing of interactive video games. The group offers games (MapleStory, Dungeon&Fighter, FIFA ONLINE 4, etc.) for PCs (70.9% of net sales) and mobile devices (28.4%; smartphones, tablets, etc.).
Net sales are distributed geographically as follows: Japan (1.8%), Korea (91.1%), North America (5.4%), China (1.1%) and others (0.6%).
NEXON CO., LTD. 
