- Nexon press release (OTCPK:NEXOF): FY Revenue of ¥423.4B (+19.7% Y/Y).
- Net income was ¥70.6B, down 30% year over year on an as-reported basis and down 32% on a constant-currency basis.
- Q1 Outlook: Expect revenue in the range of ¥97.1 to ¥107.1 billion, down 22% to 14% year over year on an as-reported basis, down 27% to 19% year over year on a constant-currency basis.
- Expect operating income of ¥15.2 to ¥23.4 billion.
- Expect net income of ¥16.4 to ¥22.9 billion.
- Forex sensitivity – For every one JPY move against the USD, expect the following impact on our Q1 financials: Revenue: ¥0.69 billion; Operating Income: ¥0.19 billion.
Nexon reports FY results
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| Symbol | Last Price | % Chg |
|---|---|---|
| NEXOF | - | - |
| NEXON Co., Ltd. | ||