Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 23, 2019
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


SouthPeak Reports Quarterly Sales, Profits Boost

SouthPeak Reports Quarterly Sales, Profits Boost

May 27, 2011 | By Kris Graft




Two Worlds II publisher SouthPeak Interactive has posted financial results for the third quarter of the 2011 fiscal year, noting a significant increase in both revenue and profit for the period ended March 31, 2011.

The company cited an increase in units shipped during this fiscal year, while the average revenue per game sold increased by 109 percent to $29.47. A reduction in general and administrative expenses was also noted.

The increase in sales was attributed to the launch of Two Worlds II on PlayStation 3 and Xbox 360, while the new-found momentum behind the My Baby franchise also helped bump up sales.

For the third quarter, revenues of $16.1 million were reported, compared to $7.5 million in the same quarter last fiscal year. The company noted profits of $3.2 million, up from $200,000 year-over-year.

Earlier in the year, SouthPeak settled a pending investigation by the U.S. Securities and Exchange Commission, a settlement the company said would allow it to focus on its business without distraction from the case.


Related Jobs

Disbelief
Disbelief — Cambridge, Massachusetts, United States
[09.23.19]

Senior Programmer, Cambridge, MA
HB Studios
HB Studios — Lunenburg/Halifax, Nova Scotia, Canada
[09.23.19]

Experienced Software Engineer
Bending Spoons S.p.A. VAT ID: IT08931860962
Bending Spoons S.p.A. VAT ID: IT08931860962 — Milan, Italy
[09.23.19]

Game Lead
Insomniac Games
Insomniac Games — Burbank, California, United States
[09.20.19]

Lead Environment Artist









Loading Comments

loader image