Icarus

NEXON Q3 2016 Earnings Call

Nexon demonstrated financial resilience during the third quarter of 2016, generating ¥44.3 billion in revenue.

• Nexon generated ¥44.3 billion in revenue for Q3 2016, exceeding initial expectations despite year-over-year declines caused by currency fluctuations.
• The company achieved a 4% revenue growth rate when measured on a constant currency basis, driven by the performance of core PC franchises MapleStory and Dungeon&Fighter in Korea and China.
• Management issued a cautious outlook for Q4 2016, anticipating a year-over-year revenue contraction due to ongoing currency headwinds and seasonal factors.