As it cools here in the States and spooky season concludes, it’s time to enter a new one: earnings season!

Here it is, my usual quarterly calendar of earnings dates for gaming, media and technology companies.

The list continues to approach 120 entries, in what I consider one of the strongest earnings calendars on the web. Note that all are in local time zones, as reported by investor relations. Adjust sleeping schedules accordingly!

See above for the full calendar as an image. Below, you’ll find a Google Sheets link for easy access.

I’ve also highlighted three companies to watch during the next few weeks. Thanks for visiting. Enjoy and be well!

Working Casual Earnings Calendar Oct & Nov 2024: Gaming, Media & Tech Companies

NCSoft Corp (036870): Monday, November 4th

South Korean publisher NCSoft reports third quarter fiscal 2024 next week, and I’m keeping it on my radar for a couple reasons. First, its Amazon Games collaboration Throne & Liberty is making waves in the online role-playing space, accumulating over 3 million players in a week and peaking at an impressive 336K on Steam alone. Secondly, the company announced it will undergo a major restructuring, planning to split-off into four entities. Three of them will focus on game development of core franchises Throne & Liberty, Project LLL and Tactan, while the final one named NC Research will have an artificial intelligence specialty. All of this will happen beginning in February 2025.

Sega Sammy Holdings Inc. (6460): Friday, November 8th

The group that owns Sega, Atlus, Ryu Ga Gotoku Studio and others reports second quarter results early in November. It’s had a really good run of quick global sellers and critical successes recently, including Like a Dragon: Infinite Wealth, Shin Megami Tensei V: Vengeance, Persona 3 Reload, Metaphor: ReFantazio and Sonic X Shadow Generations this year alone. The publisher is executing well on its diversified strategy of remakes, remasters and original projects alike. It also might share more information about its announced suite of legacy property titles like Crazy Taxi, Jet Set Radio and others, plus that mysterious “Super Game” teased a few years back, if it still exists.

NetEase Inc (NTES): Mid November

The final entry on this quarter’s watch list is another Asia-based publisher in NetEase, which will share fiscal 2024 Q3 numbers sometime in November. I admit, its inclusion here is mainly so I could critique the announcement of free-to-play mobile title Destiny Rising. In a light collaboration with Bungie, NetEase made the bizarre decision to make its own online shooter set in the Destiny universe, except for phones and related devices, which implies the usual predatory strategies like time-gating the best rewards and stamina. Plus, I’d imagine, gacha mechanics for earning new characters or abilities. I was hoping a Destiny mobile project might be more creative and exist in parallel to the shared world shooter, like a deck-builder that incorporated its rich lore or a dating sim featuring its various characters. Instead, this looks more like a knock-off version of the base game with crummy mobile trappings. We’ll know for sure as it enters beta phase this Friday, November 1st, and pushes towards release sometime in the future.

Sources: Company Investor Relations Websites.

-Dom

It has arrived.

No, not the 2024 Olympics. Although it’s arguably just as important. Earnings season is here!

Much like the Summer games, there’s a rich tradition around this time. It’s when I draft up and post a calendar with all the dates on which companies across gaming, media and technology provide an update on their businesses, and often look ahead to future prospects.

The list is a robust one, steadily approaching 120 companies strong. For added benefit, I’ve added the date and fiscal quarter associated with the latest report, along with investor websites for easy access. Note that all dates are listed in local time zones.

Quick note around the initial public offering of Shift Up, the South Korean developer of 2024’s hottest, and most controversial for certain crowds, titles Stellar Blade. I’ll have the company included next quarter since I didn’t see concrete info right now.

Check below for a full Google Sheets link, then descriptions of three key companies to watch in the upcoming weeks. Enjoy, and be well!

Working Casual Earnings Calendar Jul & Aug 2024: Gaming, Media & Tech Companies

Electronic Arts (EA): Tuesday, July 30th

The mention of the American publisher is mainly an excuse to talk about EA Sports College Football 25, which technically launched in July after its Q1 of 2025 time frame ended. This return to the glory days of college football video games, the first franchise game in over a decade, is showing great early success, selling-thru 2.2 million copies of its deluxe edition alone! I’d love if Electronic Arts shared more details around its kick-off, including overall unit sales or player stats, plus if there’s any upside impact to its current guidance. I’m estimating 7 million units, if not more, by the time the fiscal year ends in March 2025. Talk about a score.

Nintendo Co., Ltd (NTDOY): Friday, August 2nd

It’s a rare Friday announcement for Nintendo when it shares first quarter performance early in August. Sure, I’ll be interested to learn more about early momentum for new old games like May’s Paper Mario: The Thousand Year Door and Luigi’s Mansion 2 HD, a late June launch, or any updates around annual hardware guidance (which I don’t expect just yet). The Japanese company’s inclusion on this list is mostly obligatory in light of this year being the Switch’s swan song, and the impending reveal of its successor being firmly on the horizon. Last quarter, President Shuntaro Furukawa shared the sweetest of morsels that the Super Switch would be revealed by March 2025. Might he bless us with another taste this time as well?

Nexon (3659): Thursday, August 8th

The Seoul-based publisher, which reports second quarter 2024 numbers in a couple weeks, isn’t as widely known as certain peers, focusing more on regional PC and mobile titles. It’s one of many making big investments related to international expansion, an effort that has seemingly produced a breakout global hit with The First Descendant. The action shlooter attracted an impressive 10 million players during its first week earlier this month, and I assume a larger proportion of them are outside the Asia Pacific region compared to its other products. The question is how this translates to the bottom line, considering the title is free-to-play. Now, it also features hundred dollar cosmetics, and the model can be highly lucrative if the player base is engaged, which appears to be the case here.

Sources: Company Investor Relations Websites.

-Dom

I’m back, with a brand new season. Nope, I’m not referring to Spring, as it’s now here in the States. Though I’ll take the nicer weather, at least looking out my window while playing games.

It’s earnings season!

Which means I’m sharing what I like to call one of the most comprehensive lists of gaming, media and technology earnings dates on the internet. Now approaching 120 companies strong, it will give a sense of when companies are reporting, and where they are in their fiscal cycles. And when an exact date isn’t known yet, I try to estimate based on previous announcements.

As you’ll notice in the above image and the below Google Sheets link, the week of Monday, May 6th is going to have a lot action, including almost a dozen companies reporting on May 9th. Get ready, everyone.

In order to prepare for the next busy season, feel free to bookmark, save, share and post of course.

I also recommend keeping an eye out for my recaps both here and on social media. Plus, here’s three companies to watch over the next few weeks. Enjoy!

Working Casual Earnings Calendar Apr & May 2024: Gaming, Media & Tech Companies

Reddit, Inc: Tuesday, May 7th

After one of the biggest IPOs of the year, Reddit is poised to publish its first quarterly report as a public company when it shares fiscal year 2024 Q1 results. The “front page of the internet” saw its stock price jump in March, yet has cooled to settle below its listing price in April. Within its prospectus, the company boasted 73 million average daily active unique users and generated over $800 million in annual sales, however it’s also currently operating at a loss. I’m mostly curious to see if its business model will expand as the firm matures, and if executives expect to become profitable any time soon.

Capcom Co. Ltd: Monday, May 13th

I’ve been upbeat on Capcom for what seems like a decade now, and the Japanese publisher will report its latest annual results in a few weeks. Just today, the firm revised both sales and profit forecasts upwards, a rarity right before reporting. This signals management is even more optimistic as it’s on track for yet another year of growth, assuredly on the strength of March’s Dragon’s Dogma 2 shipping 2.5 million units right out of the gate. Between that and continued momentum for its Resident Evil and Street Fighter franchise sales, I’m guessing Capcom will beat even its updated guidance, then move into a year where we could see another flagship launch in Monster Hunter Wilds soon enough.

Ubisoft Entertainment SA: Wednesday, May 15th

It feels like Ubisoft, which also reports annual results in May, has been quiet lately even though it’s had a few releases and continues as the caretaker of a big intellectual property portfolio. It produced a couple commercial snoozers like Avatar: Frontiers of Pandora in December then February’s Skull & Bones. And while Prince of Persia: The Lost Crown is amazing, it’s not a blockbuster. So I’m cautious on its latest results. However, I’m quite upbeat on its near-term future as its slate for the upcoming year starts to take shape with Star Wars Outlaws, a game I believe will sell well, officially announced for August while the impending Assassin’s Creed Codename Red could also be out in the next six months or so, a nice one-two punch as far as triple-A tent-poles go.

Sources: Company Investor Relations Websites.

-Dom

Here we go, the first earnings seasons of 2024!

I want to acknowledge my anticipation while also tempering excitement, mainly due to the difficult situation for people working across all industries right now where many people are finding themselves out of work.

It’s been an especially tough time within gaming, media and technology, the exact sectors I cover here at the site. I’m again sending my best to everyone impacted by layoffs and I hope you’ll bounce back soon. Don’t give up on your dream just because of a company’s decision!

That said, we’re here to cover companies and the dates on which they report their latest results. I’ve gathered up my usual quarterly list, now including well over a hundred companies. I do my best to track down individual dates however, as you’ll see, not everything is available at the time of publishing so I’ll give a range based on historical timing.

Note that the dates themselves are added according to each company’s announcement in their local time zone. Say a Japanese company announces results on a Wednesday, it might still be Tuesday in your location.

I recommend saving as a bookmark, copying the image and visiting the link below to track everything during a busy time for tracking trends and performance. Plus, read on for three companies worth watching over the coming weeks. Thanks for stopping by!

Working Casual Earnings Calendar Jan & Feb 2024: Gaming, Media & Tech Companies

Microsoft Corp (MSFT): Tuesday, January 30th

It made the list last quarter, and it’s here this time around because when Microsoft reports its third quarter fiscal 2023 results later today, it will be the first operating period where numbers will account for Activision Blizzard. After laying off tens of thousands last year and starting 2024 with almost 2K jobs lost in the Xbox department, Microsoft has also hit a $3 trillion market capitalization and expects massive double-digit growth for gaming due to the integration. There’s a clear dichotomy between its job situation and ongoing hardware issues, losing in key markets to competitors, compared to expected revenue growth and consumer sentiment on its future slate of titles. I believe its results will fall within forecasts, and that gap between labor and performance will continue, albeit without visibility into profit dynamics or Activision Blizzard’s underlying financials, which is a pity.

Warner Bros. Discovery, Inc. (WBD): Mid February

It was a banner year for Warner Bros’ gaming division, now boasting four billion dollar franchises including Harry Potter, on the strength of last year’s best-selling Hogwarts Legacy, and Mortal Kombat in addition to Game of Thrones and the DC universe. I’m expecting a potential record result when it reports fiscal year 2023 results in mid February, as its gaming success will supplement its various media and content businesses. I also remain incredibly curious about how Suicide Squad Kill the Justice League will start on the commercial side and if we’ll hear anything from executives after a gloomy marketing period and a shaky early access start this week.

Embracer Group (EMBRAC B): Thursday, February 15th

One of the biggest and most disappointing stories in the games industry has been Embracer Group’s over-expansion and restructuring, now resulting in job loss for thousands of employees. The Swedish firm, which reports third quarter 2023 results soon, has shuttered games and laid off people as recently as yesterday with news of a killed Deus Ex project and layoffs at Eidos Montreal. CEO Lars and the executive team is in the midst of a restructuring program that began when it lost a deal where Saudi Arabia’s Savvy Games was going to invest $2 billion, resulting in massive debt and a bloated list of operating groups. I expect we might hear about a divestiture or intellectual property sale around the time of its earnings report, and almost certainly more closures and cancellations unfortunately.

Sources: Company Investor Relations Websites.

-Dom

Here it is, the final earnings season of 2023!

Which means it’s time for my usual quarterly post outlining earnings dates for companies all across gaming, media and technology.

It’s been a tricky year to cover these sectors. There’s a divergence between labor and product output. Companies are laying people off, dealing with a contraction since the pandemic when money was more free-flowing. On the flip side, many product releases have been massive and of high quality, especially in the AAA games space.

I recommend using this calendar to track everything as the numbers come out and pundits react. I’ve highlighted three companies below, from the list of over a hundred I might add, that are worth keeping an eye on when they next report.

There’s also the usual Google Sheets link containing a spreadsheet for easy usage and quick access to respective investor sites.

Check the site again soon and follow me on social media to see more coverage of earnings season. Be well everyone.

Working Casual Earnings Calendar Oct & Nov 2023: Gaming, Media & Tech Companies

Microsoft Corp (MSFT): Tuesday, October 24th

It’s done! As of earlier this month, Microsoft officially owns Activision Blizzard. The consumer software conglomerate reported September quarter earnings moments ago, so I’m still digesting the news and will have a more thorough deep dive at the site this week. Suffice to say it was an outstanding quarter at the top-line for the Xbox division, achieving its highest first fiscal quarter revenue ever on sales growth that came in above guidance on the strength of Starfield and Microsoft’s Game Pass subscription service. Even as console sales declined, which signals a clear shift this generation away from reliance on that portion of the business. Check out my article for more, including a full reaction and detailed forecasts.

Sega Sammy (6460): Wednesday, November 8th

The big news out of Sega recently was its restructuring of European consumer operations, which resulted in the cancellation of Creative Assembly’s multiplayer title Hyenas even after its beta phase, a somewhat rare occurrence in an industry where projects are becoming much more expensive and companies want to see a return on their big investments. The Japanese publisher also killed multiple unnamed projects and has laid off people at Creative Assembly. It’s still unclear if Hyenas was part of the firm’s “super game” initiative, as there’s been conflicting reports. Either way, I can’t say I’m upbeat on this latest quarter or its general outlook. I’ll be looking for any sort of update on that growth plan, the Like a Dragon franchise, early indicators on this month’s Sonic Superstars, expectations for Football Manager and anything around its ongoing platform partnerships.

Starbreeze Studios AB (STAR): Thursday, November 16th

It’s been a while since I highlighted Starbreeze in this context, if ever. The Swedish developer and publisher was on shaky ground for a while, propped up by external deals and a dedicated yet impatient Payday franchise audience. Finally, just last month, it launched Payday 3 as its first major title in a while. Throughout the heist game’s first weekend, it stole the attention of over a million players despite having technical issues and an iffy online infrastructure. I expect really big upside when the company reports next month. It’s also publishing first-person shooter RyseUp Studio’s Roboquest next month, and while I don’t see it having a lot of commercial upside or impact on its financials, it’s good that the company is diversifying rather than continuing its reliance on a singular brand.

Sources: Company Investor Relations Websites.

-Dom

Seasonal update incoming!

Nope, I’m not referring to Diablo’s new Season of the Malignant. Or whatever season Fortnite happens to be promoting this time of year. And, while I’m enjoying Season 3 of Netflix’s The Witcher, that’s not it either.

I’m here for earnings season, of course!

Here I have the latest quarterly installment at the site, where I’m tracking earnings dates for over 100 public companies. It’s what I like to call one of the most comprehensive calendars covering gaming, media and technology sectors across the ‘net.

In the massive image above and the handy Google Sheets document below, feast your eyes on not just the date and fiscal quarter, there’s also investors relations links for easy access. Highly recommended for the dog days of earnings season.

Since gaming is indeed the most global of industries, note that all dates are listed in local time zones based on what the individual company announced.

Check below for a preview of three companies worth your special attention over the coming weeks, and hit that bookmark button before you go! Be safe, business nerds. (For the record, I’m one too.)

Working Casual Earnings Calendar Jul & Aug 2023: Gaming, Media & Tech Companies

Capcom (9697): Wednesday, July 26th

This might be cheating because at least I was anticipating Capcom’s first quarter fiscal 2023 results ahead of today today, to see how flagship franchise launches have fared. It’s been an exceptional run for the premier Japanese publisher, which refocused a few years back towards remaking and bolstering beloved IP, and this past quarter was no different. Revenue jumped 74%, while operating profit nearly doubled. It sold 15% more game copies than this time last year. Street Fighter 6 was a main contributor, at 2 million units sold since June’s launch, as was March’s Resident Evil 4 Remake which hit the 5 million milestone during the quarter. Surprise seller MegaMan Battle Network Legacy Collection is now at 1.32 million. While I’m not very upbeat on the likes of this month’s Exoprimal, I expect Capcom’s robust catalog to drive financial growth plus I have my eye on the launch of mobile title Monster Hunter Now in September.

Nintendo (NTDOY): Thursday, August 3rd

After another fantastic year, “earnings calendar post regular” Nintendo will be announcing its first quarter of fiscal year ending March 2024 next week. It’s always one of the most informative, especially lately given how much supplemental information the company posts. And I’m expecting a monster three months ending June. First, there’s The Super Mario Bros Movie, one of the highest grossing animated films of all time and the year’s big earner at the box office. That alone would catapult these results. Then, there’s the all-time fastest-selling Nintendo game The Legend of Zelda: Tears of the Kingdom, which sold a whopping 10 million in three days. It could be upwards of 20 million by now for all we know, and we’ll know soon. Also, having Nintendo on this list is an excuse to use a cover art image of Everybody 1-2 Switch, which launched in June to minimal fanfare, because its absurdity makes me both laugh and cringe every time. Even so, the one-two punch of Mario and Zelda will make this Q1 rival 2020’s height of Animal Crossing fever.

Nexon (3659): Wednesday, August 9th

Admittedly, I don’t track Nexon as closely as I do other companies across the gaming sphere. Founded in South Korea and operating out of Japan, it produces a variety of online multiplayer titles primarily popular in Asia. Lately, it’s aggressively investing across the globe, buying portions of Hasbro and Bandai Namco while signing deals with Microsoft and others. Future projects include ARC Raiders, The First Descendant and The Finals, although executives have been cagey on release timings. The reason I mention it here is, when the firm shares its second quarter 2023 report, I’m hoping we hear yet another milestone for Dave the Diver. The excellent underwater diving and sushi-serving RPG is from Nexon’s indie label Mintrocket, serving up a million copies within ten days of launch. It’s 2023’s industry darling, similar to Inscryption, Disco Elysium and Return to the Obra Dinn from years past. It’s been on Steam’s best-selling charts since debut in late June, and it should find success on Nintendo Switch later this year.

Sources: Company Investor Relations Websites.

-Dom

New year, same old calendar. It’s the first earnings season of 2023!

Long-time fans of the site know this is the place for the most comprehensive calendar of earnings dates covering companies across gaming, media and technology. The perfect post for any bookmarks bar.

My calendar’s grown over the years, now boasting over a hundred companies including content publishers, consumer electronic manufactures, software developers, cloud giants, media providers, independent game makers and internet conglomerates. I guarantee there’s something here for everyone.

The latest quarter of results will include sales from the highly-coveted holiday season for those involved in pushing products or attracting eyeballs. In general, it was a challenging quarter across these industries coming off highs of 2021, including a number of record-setting reports. Cost inflation, geopolitical issues and supply disruptions are all still present in the market, among other macroeconomic pressures. This year is off to a tough start for many folks in the tech industry in particular, as layoffs at major firms like Alphabet, Microsoft and Amazon impact talented people whom I hope land on their feet.

In order to track everything, I’ve organized the above image and the below Google Sheets document for easy usage. I’ve also listed out three key companies to watch in the coming weeks within these industries. Thanks for visiting!

Working Casual Earnings Calendar Jan & Feb 2023: Gaming, Media & Tech Companies

Activision Blizzard (ATVI): Monday, February 6th

When Activision Blizzard reports its fiscal fourth quarter report in February, the big story remains the pending acquisition by Microsoft which has potentially hit snags in key regulatory markets. There’s also the tenuous relationship between management and workers during ongoing unionization efforts, plus workplace condition improvements that executives claim are happening. I don’t expect much in this department, though it would be ideal to hear more about how executives plan to make it a better place to work.

In terms of results, all signs point to Call of Duty: Modern Warfare 2 having a massive holiday, so I expect Activision’s contribution to be sizeable which will boost the overall company on a growth trajectory. On the other hand, I’m bearish on Overwatch 2 and Blizzard’s recent output. Looking ahead, forecasts should be strong as Diablo IV launches in June and there’s still the mysterious language around this year’s “premium” Call of Duty release. Could this be an opportunity to say if it’s a new annualized title or an expansion for the latest game? While I’d welcome it, color me a skeptic.

Embracer Group (EMBRAC B): Thursday, February 16th

During mid-February, when Embracer Group reports its third fiscal financials of 2022, the big question will loom: Are there any companies soon to be embraced by its acquisition touch? All has been quiet lately on the purchasing front for Embracer since snatching up Square Enix assets last year, curious for a company known to gobble up studios big and small to expand its robust portfolio and add to the “quantity over quality” strategy. As of its recent Q2 update, the broader group has 12 operating groups, almost 16 thousand employees, 132 internal studios and a whopping 234 projects in the pipeline. Twenty five of which are supposedly AAA level launches due by March 2026.

Still, partially on lackluster reception of key titles like Saints Row and the recent delay of Dead Island 2 yet again, the company reduced its full-year forecast. Combine that with a major structural change in Volition, the team behind Saints Row, becoming a part of Gearbox Publishing, and I’m curious about the viability of big budget releases for Embracer as opposed to targeting that mid-cost tier like SpongeBob SquarePants and Goat Simulator alongside select re-releases of legacy game properties. Its business is now diversified enough to weather storms, yet I’m still waiting for the sort of organic growth that comes from buying companies over a number of years.

Ubisoft (UBI): Thursday, February 16th

Out of all the big third-party gaming publishers, Ubisoft had a tough go in 2022. Even before its upcoming third quarter earnings announcement, it preemptively shared a gloomy financial update and outlook change just a couple weeks back. In addition to blaming macroeconomic conditions, the same ones its peers are operating under, management pointed to costs associated with cancelling three more unannounced projects on top of four it already killed back in July. Part of the rough patch is under-performance from Mario + Rabbids: Sparks of Hope and Just Dance 2023, the former being the most baffling considering how well Nintendo Switch titles tend to sell.

In what’s turned into a meme, Ubisoft also yet again delayed pirate game Skull & Bones to an undetermined time in “early fiscal 2023 – 2024.” Reports recently point to the company experimented with upwards of a dozen battle royale projects, following its theme of chasing trends instead of setting them. CEO Yves Guillemot and team claim that upcoming releases like Assassin’s Creed Mirage and Avatar: Frontiers of Pandora will bolster the business and help its return to growth, yet I’m skeptical this can actually be a bounce-back year for Ubisoft. I wouldn’t be surprised if it’s been quietly shopping itself around to potential buyers, perhaps garnering interest from Tencent or Amazon, because its model hasn’t been working lately. 2023 is as important a year as ever in the company’s history, and its future as a going concern.

Sources: Company Investor Relations Websites.

-Dom

The fourth quarter is here, which means it’s time for the final earnings season of 2022!

And with that, I’m here to host yet another earnings calendar extravaganza here at the site. I like to think of this as the premier calendar on the entire internet covering gaming, technology and media sectors! Probably, at least..

(Mainly because no one else is a big enough nerd to compile it.)

Every quarter here, I gather up a list of dates for companies presenting their latest financial reports and sharing how their business is faring with analysts and investors alike. This time around, it’s for the quarter or other time frame ending in September. It now features over 100 companies!

The next few weeks are going to be busy and intriguing, based on a variety of macroeconomic and industry-specific pressures hitting companies. Certain economies are experiencing contractions in output and labor markets yet higher prices across the board, leading to potential recessions or stagflation scenarios. There’s also the year-on-year comparisons to highs of pandemic spending, in particular for gaming and mobile. People may not have as much discretionary income as recent years, leading to more calculating buying habits outside of the essentials.

Even so, I expect many results will be slightly more upbeat than last quarter. Especially when it comes to consumer electronics companies and device manufactures, since there’s certain indicators that supply is improving and part costs might be hitting a plateau.

What’s the best way to prepare to follow all the goings on this season? Well, saving the above image and visiting our handy Google Sheets link below. Please shoot a message via email or social media with any issues.

That said, read below the proverbial fold to see three companies I’ll be watching closely. Thanks for hanging out! Be safe, everyone.

Working Casual Earnings Calendar Oct & Nov 2022: Gaming, Media & Tech Companies

Electronic Arts Inc. (EA): Tuesday, November 1st

I’m quite optimistic as major third party developer and publisher Electronic Arts reports its second quarter of fiscal year 2023 as the calendar turns to November. It was one of the few gaming companies to generate growth last quarter, mainly due to its business mix skewing towards live services and ongoing franchises. Its flagship Madden NFL 23 launched in August, thus will contribute greatly to the latest quarter. The company has notably invested in both racing games and mobile in recent years, with F1 22 zooming to a good start back in July. Then there’s the ever-present Apex Legends which has stepped into the role of being EA’s main shooter series as Battlefield regroups. Executives will also provide updates on its upcoming product pipeline with titles like Dead Space remake, PGA Tour 2023, Star Wars Jedi: Survivor and Need for Speed Unbound.

Sony Corp (SNE): Tuesday, November 1st

After a somewhat soft start to its 2022 fiscal year last quarter, Sony is also set to release its second quarter results in early November. While the Japanese consumer tech conglomerate raised its overall revenue forecast for the full year, it reduced guidance for the PlayStation division. Especially for profitability. Intriguingly, it reiterated the original 18 million unit sales target for PlayStation 5 hardware, implying a level of bullishness for the console business during the coming holiday season and beyond. There have been signs of improved inventories and supply chain easing, with PlayStation console sales increasing lately in major markets. Sony will also benefit from new third party releases like the aforementioned Madden NFL 23, among others, plus The Last of Us Part 1 and PC ports of select franchises. I’m also curious about the impact on its services output now that its rebranded PlayStation Plus has been on market for a quarter. Overall, I’m expecting a slight contraction in quarterly performance for its gaming segment yet hardware will likely stay on target.

CD Projekt SA (CDR): Monday, November 28th

It’s been an eventful year for CD Projekt, which reports fiscal 2022 third quarter results late in November. As part of its broader approach, the Polish developer and publisher has moved to a multi-project pipeline with a good portion of its resources focused recently on fixing Cyberpunk 2077 plus pumping out its new generation update while others are working on The Witcher 3: Wild Hunt‘s own update, still allegedly scheduled for 2022. Because of improvements and its Edgerunners anime show, Cyberpunk 2077 has experienced a resurgence lately that will certainly benefit this upcoming report. Then, earlier this month, CD Projekt shared a blowout strategy update that includes a bevy of new projects: an expansion and sequel to Cyberpunk 2077, at least three new Witcher universe titles and a brand new IP under the code name Project Hadar. I’ve been vocally skeptical of management since it rushed out Cyberpunk 2077 almost two years ago. This sort of transparency and realignment is reassuring, though only if the company can deliver on its myriad of promises. Which is quite the big “if” in my opinion.

Sources: Cash Macanaya (Image Credit), Company Investor Relations Websites.

-Dom

What’s the best way to cool off when global warming has you melting?

Well, it’s probably being in the shade, staying hydrated, sitting in front of a fan or pumping up that air conditioner.

Personally, I’d add checking out the latest calendar here because the latest earnings season is underway!

As long-time fans of the site know, every quarter companies gear up to report their latest results and host conference calls with analysts. It’s going to be an eventful one for gaming, media and technology as consumer spending habits are shifting lately in light of rampant inflation and higher interest rates.

I expect to see mixed results and significant headwinds, especially among those companies with focused revenue streams. The past couple years brought substantial growth in these spaces and it’s time for mean reversion to take over. Though a general movement towards subscriptions and ongoing content will soften the blow of weaker product sales and supply constraints.

Going forward, I’ll have some articles up the next couple weeks summarizing results for select companies in these sectors. For now, see the above image or the Google Sheets link below for a rundown of earnings dates for 100 companies. I’ve also quickly highlighted three companies to watch in this current environment.

Note that for international firms, days are displayed in local time zones based on investor relations announcements. Stay cool and be safe everyone!

Working Casual Earnings Calendar Jul & Aug 2022: Gaming, Media & Tech Companies

Apple Inc (AAPL): Thursday, July 28th

The world’s largest consumer electronics company is always a barometer for spending habits, and it reports third quarter fiscal 2022 results this week. This is a major moment to see how much inflation has affected buying and upgrading of Apple products, namely its flagship iPhone line. Analysts expect upwards of $82 billion in quarterly revenue, an increase from $81.4 billion, however earnings-per-share could decline from $1.30 to $1.16. Executives told the market last quarter to expect anywhere between a $4 billion to $8 billion hit on revenue due to supply challenges and China lock-downs. It still sounds like demand for its main products are keeping up, plus other areas like services will boost contributions. I’m usually upbeat that Apple will report better-than-expected profitability, and that’s no different this time around. Which would signal some resilience in consumer buying in what might already be a recession for certain economics, including the United States.

Unity Software Inc (U): Tuesday, August 9th

Gaming engine maker Unity reports fiscal 2022 second quarter results in early August, and has been in the news a lot lately. Not for the best reasons, I might add. It’s been very active in the merger and acquisition department for a while now. Last year alone, it purchased Parsec and Weta Digital. This year, Ziva Dynamics. Then its biggest deal is a controversial one in that it’s merging with digital app monetization company ironSource as announced two weeks back. This deal values ironSource, which has an infamous reputation for software with a history of being flagged as malware, at $4.4 billion. As part of the interview circuit alongside this deal announcement, CEO John Riccitiello had some choice words for developers making games without also considering how to monetize, calling them “f***ing idiots.” He has since apologized, of course, but the original sentiment expressed by the person who runs this company is likely to cause hesitation among those creators using Unity as a platform after the merger occurs. Not to mention, the company isn’t profitable right now so this is an important time from a financial standpoint as well.

NetEase Inc (NTES): Mid August

Mobile publisher and internet tech giant NetEase hasn’t reported a specific date yet, though it will announce 2nd quarter of fiscal 2022 release around the middle of next month. The massive Chinese is making key moves lately, notably expanding into the West by creating its first U.S. studio in Jackalope Games along with a development team called Jar of Sparks out of Seattle. It’s also partnered with the likes of Warner Bros, Microsoft and Blizzard on experiences targeting audiences around the globe. Battle royale slasher Naraka: Bladepoint launched in late June. And although it’s after the latest quarter’s close, it brought Blizzard’s Diablo Immortal mobile title to China just this week, a game that exceeded 20 million downloads before even entering this massive market. It’s also been operating locally in a more constrained environment for releases, though will benefit from the government’s easing restrictions. As some other companies saw declines, NetEase generated double-digit revenue and profit growth last quarter, driven by online game sales.

Sources: Company Investor Relations Websites.

-Dom