Mario Kart 8 couldn't outrace Nintendo's $97M loss last quarter

The Wii U’s struggles continue even as Mario Kart 8 secures its blockbuster status.

Nintendo reported a $97 million loss in the first quarter of its fiscal 2015, which ended June 30. That’s on revenue of $729 million, which is down 8.4 percent compared to the same period last year. This comes despite Mario Kart 8 sales surpassing 2.8 million copies. While that is a respectable number, the game did not appear to move an extraordinary number of consoles as Nintendo only shipped slightly more than 500,000 units during the three-month period from April through June. The Japanese publisher has had trouble turning a profit since the debut of the Wii U, as many people are choosing other platforms like PlayStation 4, Xbox One, or mobile devices.