Pearl Abyss Returns to Profitability, With Land of the Morning Light a Highlight, EVE IP Dips
mmorpg.comThe latest Pearl Abyss financial report shows some bright spots, particularly in the case of the company reversing a slide and becoming profitable again.
Black Desert Online was key to the improvements overall across platforms, in particular with the release of the Land of the Morning Light expansion. The team released the large, game-changing update across platforms over a period of time, leading to significant population growth of 36% for BDO during the quarter.
Features like the War of the Roses PVP mode, mythical horses, new content for the mobile version, and the Maegu and Woosa twin class were also highlights.
One dip came from EVE Online , seeing IP revenue fall by nearly 21% in the quarter to $11.8 million. The company blamed the drop on populations going back to normal after the release of the Viridian expansion earlier this year. There will be another expansion coming out very soon, Havoc, so we'll see about the 4th quarter's numbers.
The EVE Online IP also continues to expand, including via new projects like EVE: Vanguard, the upcoming shooter announced a couple of months ago, and EVE: Conquest for mobile. Both of these were cited as part of the company’s growth strategy, revealing that EVE: Vanguard will enter open beta in December.
Crimson Desert, which is still in development, looks to get a reveal at Korean show G-STAR.
Pearl Abyss was also able to cut operating expenses, including via decreased employee numbers and an 18% deduction in labor costs. Employee numbers fell to 1,293.
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