Square Enix has hit several hurdles in recent months. Following the departure of quite a few executives, the founder and former general manager of Eidos Montreal resigned due to “irreconcilable” differences. This was reportedly in response to a major restructuring of the Square empire. However, the company’s newest fiscal report shows that it has either failed in its attempt at reinvigoration, or is still well in the process of realigning its operations.
After a loss of $21 million in Q1 2012, SE has now confirmed a loss of $5.02 million for Q1 2013. From an annual standpoint, this is an improvement; Square’s still losing money, but now it’s losing less money. However, the company’s inability to raise its bottom line back to the positive remains an obvious issue.
Although Square claims to be turning to mobile and social content for financial reinforcement, they have confirmed (via Game Informer ) that Murdered: Soul Suspect will not be affected and is on-track for its 2014 release. Derivatively, the coming remake of Thief will be seen in March 2014 as well.
Source: Game Informer