{
  "id": 19464323,
  "title": "NC swings to profit, Nexon beats expectations as Krafton struggles",
  "url": "https://urgent.news/2026/11/11/nc-swings-to-profit-nexon-beats-expectations-as-krafton-struggles-19464323",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T07:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261111/nc-swings-to-profit-nexon-beats-expectations-as-krafton-struggles"
  },
  "original_language": "en",
  "account": "Korean game developers reported contrasting third-quarter results. NC posted a profit for the first time in a year, while Nexon exceeded expectations with robust revenue from live service games. Krafton, on the other hand, experienced a drop in operating profits as revenue from its PUBG title struggled to offset increased costs from diversifying its business operations.\n\nNC disclosed its Q3 earnings on Wednesday, revealing a 91% year-on-year increase in sales to 686.5 billion won ($514.2 million). The company's operating profit rebounded to 119.6 billion won, marking a reversal from a 750 million won loss in the same period last year. Overseas sales contributed 54% of the total revenue, marking the fifth consecutive quarter of growth in the segment's share. This expansion, driven by increased presence in North America and Europe, surpassed the 25% revenue contribution from mobile casual games, up from the previous quarter.",
  "summary": "Korean game developers have reported mixed third-quarter earnings. NC returned to profitability from a year earlier, while Nexon defied market pessimism with solid revenue from its live service games. Krafton, meanwhile, saw its operating profit decline as revenue from PUBG: Battlegrounds (PUBG) failed to keep pace with rising costs associated with its business diversification efforts. NC…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}