May 17, 2024 4:02 pm
Remedy’s operating loss less than anticipated – Royalty and development fee boosts revenue

Remedy, a gaming company known for its engaging and unique experiences, has reported strong sales of its latest game. Sales have been at an average price, indicating that players value the quality and content of the game. Despite this success, the company is already looking ahead to future projects and considering self-publishing options.

In a recent business overview, Remedy reported an operating loss of EUR 2.1 million in the quarter, with a turnover of EUR 10.8 million. While this was lower than analysts had predicted, it was still better than expected and covered most of the development and marketing costs for Alan Wake 2. The company is currently working on additional downloadable content for the game and expects to see increased turnover and improved operating profit in the coming year.

Remedy has also been working on other projects such as Codename Condor and Control 2. The company believes these games will contribute positively to their future results, as they continue to develop fees and royalties from past games like Control and Alan Wake Remastered have helped boost their revenue. With a strong pipeline of projects in development, Remedy is well-positioned for continued success in the gaming market.

The possibility of self-publishing games is also being explored by Remedy as they continue to grow and succeed in the industry. They are committed to delivering high-quality gaming experiences to their audience while also exploring new ways to reach them. With their focus on innovation and creativity, Remedy is poised for continued success in the years ahead.

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