Global Moderators #Steeven.™ Posted yesterday at 01:27 Posted yesterday at 01:27 Japanese video game giant Konami reported a 48% year-over-year increase in its second-quarter operating profit, driven by the strong performance of its mobile gaming segment. Quarterly operating profit reached ¥36.5 billion, up 32% from the previous quarter and exceeding analysts' consensus estimates of ¥35 billion by 6%. For the first half of the fiscal year, Konami's operating profit totaled ¥65 billion, a 29% increase compared to the same period last year. The company's mobile games, particularly eFootball and baseball titles, were the main drivers of this growth. Despite the strong first-half results, Konami maintained its full-year operating profit guidance at ¥106 billion, which appears conservative given current performance trends. If second-half results simply match those of the first half, the company would achieve approximately ¥130 billion in operating profit for the full year. The mobile game eFootball showed exceptional momentum following a major update celebrating the franchise's 30th anniversary. The game has now surpassed 900 million downloads. Despite Konami's efforts to reduce monetization, a significant increase in monthly active users boosted mobile game sales by 19% quarter-over-quarter and 33% year-over-year. The company announced plans to release Momotaro Dentetsu 2: Anata no Machi mo Kitto Aru for Nintendo Switch in November 2025, featuring the largest amount of content in the series' history with two maps. Should you buy 9766 right now? ProPicks AI evaluates 9766 along with thousands of other companies every month using more than 100 financial metrics. Using powerful AI to generate compelling stock ideas, ProPicks AI goes beyond po[CENSORED]rity to assess fundamentals, momentum, and valuation. The AI is unbiased: it simply identifies which stocks offer the best risk-reward ratio based on current data and past top performers, including Super Micro Computers (+185%) and AppLovin (+157%). Want to know if 9766 is currently featured in any of ProPicks AI's strategies or if there are better opportunities in the same sector? https://mx.investing.com/news/earnings/konami-reporta-aumento-del-48-en-ganancias-por-fortaleza-en-juegos-moviles-93CH-3348292 Quote
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