SEGA’s sales show solid improvements in their first quarter
SEGA’s first quarter financials are out, and it’s looking great for the blue brand. For SEGA Sammy as a whole, Net sales were up 33.4% year-over-year, increasing to $698.8 million. Profits have also gone up, raising $40.6 million for the quarter.
Digital sales for SEGA Sammy’s entertainment/video game division increased to $118.7 million from $102.9 million, and physical sales brought in $105.9 million, which is an increase of 39%.
SEGA mentioned that “robust” sales of major mobile games such as Puyopuyo Quest, Chain Chronicle, and Hortensia Saga were big reasons for their profits, as well as the success of its Total War franchise, which has sold over 20 million copies.
Phantasy Star Online 2 for PlayStation 4 broke the record for “concurrent users by hosting 130,000 simultaneous players.” SEGA thinks the physical game market will keep expanding “due to the penetration of next generation hardware.”
SEGA is forecasting net sales of $3.76 billion and profits of $99 million for the end of this fiscal year on March 31, 2017.[via Gamasutra ]