CONNECT WITH US
Gaming

Gaming

Remedy revenue soars by 226% following release of Control Resonant, the developer's fastest-selling game ever

Eurogamer logo

Published on

Add as a preferred source on Google
Remedy revenue soars by 226% following release of Control Resonant, the developer's fastest-selling game ever

Remedy - the developer behind the recently released Control Resonant - has released a scorcher of a quarterly financial report. It shows that following Resonant's release in September, the company's revenue surged by 226 percent, bringing in €39.6m in Q3.

This performance was described as "a defining milestone for the company" by CEO Jean-Charles Gaudechon. The company reported a €0.6m operating profit this quarter, a fair leap upwards from the €16.4m loss from this time last year.

There are some interesting highlights to this sudden surging performance. For one, the US made up nearly half of Control Resonant's players across PC and console, followed by Chinese-speaking regions and then the UK.

Perhaps most crucially is that nearly half of Control Resonant's players were entirely new to the franchise, with the company stating: "Reaching new players was a key goal for this game, and these early results indicate a growing audience for the franchise and for Remedy."

Control (2019) also saw a bump up in sales thanks to the release of Control Resonant, showing a stronger performance this quarter than the past two quarters this year as well as its comparison period (this quarter last year).

" He continues to say the game has provided a solid foundation for growth as other projects (including the Max Payne 1 & 2 remake) are in the works. In short, things appear to be looking rather good for Remedy.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.