Funcom has released their third quarter finances for 2014 and the results are decidedly negative. Revenues for the quarter decreased from $3.1 million last quarter to $2.6 million this quarter. Funcom’s main source of revenue last quarter derived from the cash-positive operations of Age of Conan and The Secret World, while revenue overall fell due to weak in-game sales from $3.1 million to $2.6 million.
This past quarter saw the release of two mission packs in The Secret World, as well as updated versions of high-end raids in Age of Conan. Issue #10 of The Secret World is expected to go live later this holiday season. Lego Minifigures Online left open beta on October 1st and has since failed to meet expectations of player numbers and revenue. The game will be released on Mac as well as iOS and Android operating systems in 2015.
And finally, the release notes that Funcom has the has the ability to fund its operations for the next twelve months, continuing to support its games and work on the development of a new title in 2015.
(Source: Funcom)
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