• CD Projekt RED Publishes Q1 2016 Earnings, Reports $8.5 Million Net Profit

    by on May 12, 2016 at 10:38 AM, EDT

    witcher-3-gone-gold

    Polish based developer CD Projekt RED has published their first quarter earnings (via NeoGAF), and they’ve reported a net profit of $8.5 million dollars (32.6 million PLN).

    The first quarter generated a revenue of 22.5 million dollars, with 17.5 million attributed to game development (The Witcher 3 and it’s expansion Hearts of Stone), with the remaining 5 million being made through their digital games distribution platform GOG.

    These numbers have exceeded expectations, seeing as last year the company had a net loss of of $692,587 in the first quarter.

    CD Projekt RED are currently working on releasing their last expansion for The Witcher 3: Wild Hunt, titled Blood and Wine, which is slated to come out on May 31st. Following this, the Polish studio will move onto active development for their next RPG, Cyberpunk 2077.

    In case you missed it, you can find our review for The Witcher 3: Wild Hunt here (we highly recommend it).

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    Writer at Niche Gamer. Passionate for video game journalism, and more than glad to be a part of it. I also write DOTA 2 stuff.


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