Nexon reports 39% year-over-year increase in revenues to $331.4M
Nexon today reported revenues of 30.9 billion yen ($331.4 million) for Q4 2012, up 39 percent year-over-year from 22.2 billion yen ($236.6 million) and up 9 percent from $304 million in Q3 2012.
Despite the increase in revenues, the free-to-play gaming giant saw a net loss of 94 million yen ($1 million), due to a write-down for its investment in JC Entertainment and the new interpretation of South Korean tax regulation, according to the company.
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