GDANSK, April 14 (Reuters) – Polish online game maker CD Projekt (CDR.WA) stated on Thursday it might launch an enlargement of its flagship “Cyberpunk 2077” sport subsequent yr, after saying full-year web revenue that topped expectations.
The studio additionally behind the Witcher franchise stated its full-year web revenue reached 208.9 million zlotys ($48.7 million), in contrast with 194 million anticipated by analysts.
Cyberpunk, which took eight years to make and price 1.2 billion zlotys, was one of the vital anticipated video games of 2020, however after a bug-ridden begin it was saved off Sony’s (6758.T) PlayStation Retailer for six months.
The corporate’s income got here in at 888.2 million zlotys, pushed by Cyberpunk gross sales, however was 58% down from the file 2020 determine it reported within the sport’s debut yr.
“We predict the (revenue) beat might have been pushed by strong gross sales of CP77 and Witcher titles, as gamer engagement seems to be bettering throughout the trade,” JPMorgan analysts wrote in a observe.
Nonetheless, the deliberate 2023 launch of the Cyberpunk enlargement after a delay to “The Witcher 3: Wild Hunt” model for next-generation consoles introduced on Wednesday, might additional worsen sentiment across the inventory, they stated.
CD Projekt had stated it had taken work on the model again in-house and postponed the discharge, beforehand deliberate for the second quarter, although it stated on Thursday there was no “monumental” delay. learn extra
The Polish firm has been engaged on fixing Cyberpunk ever since its launch, and has launched eight updates to date.
It stated it had bought greater than 18 million copies of the sport to date, in contrast with greater than 13.7 million it earlier stated it had bought in its debut yr.
“We are actually happy with the sport and inspired by the avid gamers’ reception of its next-gen console version, which launched this February,” Chief Monetary Officer Piotr Nielubowicz stated in an announcement.
Cyberpunk is rated a median 6.5 out of 10 on evaluation aggregator web site Metacritic for its model on PlayStation 5, in contrast with a 3.7 rating for the older era model.
CD Projekt additionally stated it had to date bought greater than 65 million copies of its medieval fantasy The Witcher franchise, together with greater than 40 million copies of “The Witcher 3: Wild Hunt.”
($1 = 4.2901 zlotys)
Reporting by Anna Pruchnicka; Modifying by Jan Harvey and David Holmes
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