Asian online game giant Nexon reported fourth quarter revenues that were down from a year ago but exceeded the company’s own outlook. The better-than-expected revenues were due in part to an update for Dungeon & Fighter in China.
Fourth quarter revenues were 43.3 billion yen ($380 million), down 6 percent year-over-year. Operating income was 7.3 billion yen ($64 million), below the company’s outlook primarily due to impairment loss of 3.7 billion yen on prepaid royalties related to publishing titles.
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