Final Fantasy 14, Tomb Raider drive Square profits, company revises forecasts
Square Enix has revised its financial forecasts, following a surprising fiscal year that saw profits rise above expectations thanks to some strong performers.
Following a surprisingly strong year, Square Enix has actually moved up its forecasts. Crediting positive sales of Final Fantasy 14, Final Fantasy X/X-2 Remaster, Thief, and Tomb Raider Definitive Edition, the publisher has recorded greater profit than previously anticipated.
The forecasts (via Joystiq) show the company now expecting approximately $1.5 million USD in net sales, up from the previous forecast of $1.4 million. The profit from the most recent fiscal period was approximately $65 million, an increase of almost 90% from its minimum estimates.
We've heard positive news for some of these games before, including steady registrations for FF14 and Tomb Raider eventually exceeding its profit expectations.
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Steve Watts posted a new article, Final Fantasy 14, Tomb Raider drive Square profits, company revises forecasts.
Square Enix has revised its financial forecasts, following a surprising fiscal year that saw profits rise above expectations thanks to some strong performers.