Age of Conan Funcom's 1st Quarter Financial Report is Positive

[Martuk]

Funcom's 1st Quarter Financial Report for 2009 is in and the company is showing positive signs of growth thanks to an increase in subscribers for their top MMORPG, Age of Conan: Hyborian Adventures. The positive growth is partially attributed to an increase in subscribers for the game and a strong retention rate giving the game a solid and stable playerbase. Despite the problems Age of Conan had post launch, the game is recovering nicely and the first quarter of 2009 looks positive for Funcom.

The positive indications on subscriber retention from January 2009 has been reinforced and strengthened in the following months for the Age of
Conan game. This combined with an increase in new customers in Q1 2009 has led to a stable and solid subscriber base for the Game.

You can read Funcom's 1st Quarter Financial Report here.

If you were on the Age of Conan servers the first day of launch, you might have noticed that things didn't exactly go off without a hitch. Despite some of the early problems the game faced with performance, bugs, and a dropping subscription rate, it has begun to recover nicely. With a lot of updates, patches and the polish that time allows a game to receive, AoC is picking up speed again and that is good news for Funcom and the players.

[Mikes]

This is great news. From a personal level I just started trying AoC and I'm actauly really enjoying it. Granted I haven't even seen a portion of what the game could offer, but initial plays are very promising. But from a hobby standpoint you really want to see the big name games succeed to promote others in the future.

[AngryBeaver]

Good the see they missed the cliff they were driving towards.

[chadrew]

Hell yes, go Funcom

I remember after they released their Q4 2008 report, a lot of people were saying they'd have losses in the next quarter. Glad to see they were wrong.