Pearl Abyss Q2 earnings decline as impact of Crimson Desert's launch period subsides

Pearl Abyss experienced a decline in its Q2 earnings as the initial impact of Crimson Desert's March launch period subsided. Operating revenue and profit both decreased significantly, with a 41.4% drop in operating revenue to ₩192.6 billion ($135.9 million) and a 68.1% reduction in operating profit to ₩67.6 billion ($47.7 million).

The company's performance fell short of previous guidance, which was attributed to factors such as sales splits across distribution channels for Crimson Desert, regional pricing strategy differences, and revenue deferrals for refund guarantees. Crimson Desert, which generated ₩136.1 billion ($96 million) in revenue, accounted for about 70% of total revenue, with digital sales comprising 82% of total units sold.

Looking ahead, Pearl Abyss has updated its full-year guidance, projecting operating revenue between ₩709.8 billion ($501 million) and ₩743.8 billion ($525 million) and operating profit between ₩315.5 billion ($222.7 million) and ₩345.2 billion ($243.6 million).

Brief written by urgent.news from GamesIndustry's own syndicated text. Machine-written — may contain errors; check the original before relying on it.