This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Gameloft: Record Fourth-Quarter Sales Of €57.7 Million, Up 23%

PARIS, January 29, 2013 /PRNewswire/ --

Gameloft achieved consolidated sales of €57.7 million during the fourth quarter of 2012, up by 23% from the previous year. On a constant exchange rate basis, the fourth-quarter growth was 22%.

The success enjoyed by recent releases such as Modern Combat  4:  Zero Hour, World at Arms, My Little Pony ,  and  PLAYMOBIL  Pirates, as well as the longevity of back catalogue games such as Ice Age Village, Order & C haos Online, The Amazing Spider- Man, and Asphalt 7: Heat, have contributed to the solid performance of the company in the fourth quarter of 2012.

    In million EUR            2012          2011      Variation

    1st Quarter               44.8          39.5        +14%
    2nd Quarter               50.4          37.4        +35%
    3rd Quarter               55.4          40.6        +37%
    4th Quarter               57.7          47.0        +23%
    12-Month Total           208.3         164.4        +27%

In 2012, Gameloft's consolidated sales reached €208.3 million, up by 27% year on year and in line with the company's guidance. North America represented 31% of 2012 sales; EMEA, 27%; APAC, 22%; and LATAM, 20%. On a constant exchange rate basis, the full year growth was 25% in 2012 compared with 19% in 2011.

Gameloft's sales continue to be driven by the massive success of its games on smartphones and tablets. The company's fourth-quarter sales on smartphones and tablets grew by 66% year on year. They represented 56% of total Group sales compared with 41% in the fourth-quarter of 2011.

The dynamism of the smartphone and tablet market and the strong line-up of new high quality games to be released in 2013 by Gameloft should continue sustaining its growth in the coming quarters. Therefore, the company anticipates solid growth of sales and results in 2013.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs