Thursday, January 29, 2009

Gameloft 2008 Revs Buoyed by iPhone

In a Gameloft (GFT.PA) earnings release today the French games publisher reported a 15% increase in revenues in 2008 to EUR110.3mil ($143mil), in line with expectations. 43% of revenue came from Europe, 30% from North America, 27% ROW. It looks like iTunes App Store game sales in Q4 really pushed these guys over the top (rev increased 31% in Q4 to EUR 33.8mil)...with top selling apps like Hero of Sparta & Brothers in Arms Hour of Heroes. Good news. It will be interesting to see what their bottomline looks like when the announce full earnings on March 19.

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