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The  Puzzle & Dragons  train is finally slowing down

The Puzzle & Dragons train is finally slowing down

October 31, 2013 | By Mike Rose

October 31, 2013 | By Mike Rose
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More: Smartphone/Tablet, Business/Marketing

Although Puzzle & Dragons publisher GungHo Online has seen some incredible gains over the course of the last year, it would appear that the Puzzle & Dragons juggernaut is finally slowing down.

At its peak, mobile title Puzzle & Dragons was generating around $2.5 million daily for GungHo -- but according to the company's latest fiscal report, and as translated by industry consultant Serkan Toto, it may well be back on the way down again.

GungHo has reported revenues of $424 million for the last quarter, down five percent compared to the previous quarter, and operating profits of $238 million, down 12 percent quarter-over-quarter.

The graph below, as posted by Social Game Info, shows the latest quarter earnings dropping for the first time since Puzzle & Dragons was released. GungHo's stockholders have clearly noticed too, as the company's share price dropped by as much as 19 percent following the release of the report.

The company will no doubt be looking to its Nintendo 3DS version of Puzzle & Dragons, as well as its latest investment in Finnish company Supercell, to help it once again boost earnings.

gungho graph.jpg

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