Nexon Releases Earnings for First Quarter 2021
NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its first quarter ended March 31, 2021.
"Nexon delivered another strong quarter with revenue growth and multiple regions performing close to or above the high end of our guidance," said Owen Mahoney, President and CEO of Nexon.
"The past 18 months offer a clear affirmation of our strategy for focusing on fewer projects that deliver bigger results. This includes doubling down on online-multiplayer Virtual Worlds, expansion onto mobile and consoles, leveraging our IP with geographic market expansion and development of new Virtual Worlds."
First Quarter 2021 Highlights:
Conference Call (Japanese & English)
Nexon management will host a conference call for investors, analysts and the media to discuss the company's financial results and outlook. The conference call will be held at 5:00 p.m. JST / 4:00 a.m. EDT, and will be simultaneously conducted in Japanese and English. It will consist of brief remarks made by the management team followed by a Q&A session. Q&A session will be conducted with consecutive translations.
Time: May 12, 2021 at 5:00 p.m. JST / 4:00 a.m. EDT (planned)
Please register in advance from the link below. Access Number, Participant PIN, and Security Code will be provided upon registration.
To register, please go to Registration Page:
Audio Archive and Transcript
Audio archive and a transcript will be available on Nexon's Investor Relations website in Japanese at http://ir.nexon.co.jp and in English at http://ir.nexon.co.jp/en/ after the earnings conference call.
This press release is prepared to offer reference information about Nexon to investors and is intended to generally provide investors and analysts with financial and operational information about Nexon, but not to solicit or recommend any sale or purchase of stock or other securities of Nexon.
About NEXON Co., Ltd. http://company.nexon.co.jp/en/
Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a company engaged in the production, development and operation of online games and Virtual Worlds. First listed on the Tokyo Stock Exchange in December 2011, Nexon was placed on JPX400 in 2015 and added to the Nikkei Stock Index 300 in 2017. In 2020, Nexon was added to the Nikkei 225. Nexon currently has more than 50 live games on multiple platforms including mobile and available in more than 190 countries. Major game franchises include MapleStory, KartRider and Dungeon&Fighter.