NCsoft Profits Down

Following uncomfortably close on the denial of layoff rumors, NCsoft’s financials do not paint a rosy picture.

While sales were up seven percent to $78.6 million, net income dived 42 percent to $5.9 million.

NCsoft said that the increase in sales was primarily due to the closure of private Lineage servers and the successful update of Lineage II Gracia Part 1, while the drop in operating profit was attributed to continued investment, including in personnel, across the company’s development studios.