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Nexon Profits Jump

Posted Aug 18, 2011 by Suzie Ford

Nexon Profits Jump

Nexon has announced that its second quarter profits are up 38% over the same time period in 2010. According to the press release, profits are up due to the company's stable of free online games and its microtransaction revenue model.

“The second quarter was an example of us doing what we do best,” said Daniel Kim, Nexon America’s CEO. “We delivered compelling content that kept our players coming back to take on adventures and have fun in our games, regardless of whether they pay a few dollars or play for free.”

During the second quarter, Nexon America aggressively delivered new content for all of its games, including premiering the Chaos saga to MapleStory, adding the unique Romeo & Juliet update to Mabinogi and making Dungeon Fighter Online and Vindictus more accessible by removing play-time barriers. Additionally, both Dungeon Fighter Online and Vindictus added huge chunks of content, which helped grow revenues from those games.

Source: Nexon press release

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Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom

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