Square Enix Reports Strong Third Quarter Results Thanks to Final Fantasy XIV

2 years 3 months ago

Square Enix Third Quarter FFXIV

Square Enix released several financial statements concerning its third quarter results. While sales for the company's general game sub-segment went down, sales for its MMO sub-segment rose compared to 2020. Square Enix largely attributed its success in the third quarter to Final Fantasy XIV. The game saw a sharp increase in subscriptions during that period. Final Fantasy XIV's Endwalker expansion also released within the third quarter. As mentioned, it noted that its general game sub-segment went down in comparison to the previous year. This was largely due to a title like Final Fantasy VII Remake not releasing within that period. [Thanks, 4Gamer!]

Additionally, Square Enix noted that performance within its mobile sub-segment was fairly weak within already existing titles. However, overall net sales within its mobile division rose in comparison to the previous year.

Leading up to the release of Final Fantasy XIV Endwalker, Square Enix saw a massive increase in players. In July 2021, the FFXIV Complete Edition had entirely sold out on PC and PlayStation 4. While players could eventually purchase the title again, it remained congested due to the sudden influx of players. Additionally, in October 2021 Square Enix announced the player base for Final Fantasy XIV officially exceeded 24 million players.

The post Square Enix Reports Strong Third Quarter Results Thanks to Final Fantasy XIV appeared first on Siliconera.

Author
Kazuma Hashimoto

Tags