… In financial results released today, Sony announced that, following a ¥31.5 billion $201 million / £148 million impairment loss against Bungie recorded in the second quarter of FY2025, it had recorded an additional ¥88.6 billion $566 million / £415 million impairment loss in the final quarter of th… …
GoPro to lay off over 20 percent of staff by the end of 2026 The company posted year-end losses in its 2025 financial results. …
Sony has reported that Bungie's extraction shooter Marathon, and the poor performance of Destiny 2 , has incurred a roughly $765m impairment loss last financial year. …
The latest financial disclosures for Ubisoft have been shared by the company, and it included a record €1.3 billion operating loss for its 2025-2026 fiscal year. …
… RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES in millions, except per share data Unaudited Three Months Ended March 28, 2026 December 27, 2025 March 29, 2025 GAAP gross profit $ 5,416 $ 5,577 $ 3,736 GAAP gross margin 53 % 54 % 50 % Stock-based compensation 8 8 5 Amortization of acquisition… …
… Sony's latest financial report notes a massive write-down for Bungie. Specifically, Sony records a $565 million impairment loss against Bungie on top of last year's $204 million. That's $769 million in total losses written against the $3.6 billion acquisition's grand total. …
… Only three states – Washington State, Texas, and Virginia – properly disclose these losses in their Annual Comprehensive Financial Reports ACFRs . Instead, many states report the losses in Tax Expenditure Reports TERs . …
Business News Update: Sega is lowering the priority of games-as-a-service titles The company reported a $200 million impairment loss for Rovio in its latest financial report. …