Dynamic View Q4 Quarterly net loss 233 million Guitar Hero Development Division

Source: Internet
Author: User
Keywords Development Department
Tags .net accounting accounting standards blizzard developers development development department dynamic view
February 10 News, the United States, the famous game developers see Blizzard yesterday released its fourth quarter of 2010 earnings, reported that in the last 1 quarters of 2010 saw Blizzard net revenue of 1.427 billion U.S. dollars, down 8%, net loss of 233 million U.S. dollars per share loss of 20 cents. In the quarter ending December 2010, according to the United States General Accounting Standards (hereinafter referred to as "GAAP"),  Blizzard revenues amounted to $1.427 billion, down from $1.557 billion a year earlier, and not in GAAP, where revenues amounted to $2.55 billion, above the average forecast of 2.5 billion dollars and 2.36 billion dollars a year earlier.  Affected by adverse earnings reports, Blizzard will dismiss Guitar Hero's game development department and will eliminate the development of a variety of games including role-playing game real crime: Hong Kong.  Throughout 2010, blizzard revenues amounted to $4.447 billion, up from $4.279 billion a year earlier, with net profit of $418 million, over 113 million dollars a year earlier, and a net profit margin from 2009 in fiscal year 2.6% to 2010 in the fiscal year. There are also analysts predicting the 2011 revenues of Blizzard, which they believe will be less likely to unveil its new masterpiece in 2011 due to adverse factors such as cutbacks in development projects and budgets.  Blizzard is still not sure whether to "release Diablo 3" in 2011, so it could be "rescue" to boost revenue, perhaps only StarCraft 2, if the piece goes on the market. Blizzard's own forecast of 2011 Annual GAAP net revenue of 3.95 billion U.S. dollars, GAAP earnings of 0.56 U.S. dollars per share. Non-GAAP net revenue is estimated at USD 3.9 billion and non-GAAP earnings of 0.70 USD per share. Wall Street analysts expect a net revenue of 4.69 billion dollars, earning 0.83 dollars per share. (Digging the shell net)
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