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CD Projekt Says 2023 Was Second Greatest 12 months in Its Historical past Whereas Posting $120 Million in Internet Income

March 28, 2024
in XBOX
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CD Projekt Says 2023 Was Second Greatest 12 months in Its Historical past Whereas Posting $120 Million in Internet Income

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CD Projekt chief monetary officer Piotr Nielubowicz referred to as 2023 the second finest 12 months within the firm’s historical past because the studio posted web earnings of greater than $120 million in its full 12 months earnings. Nielubowicz credited the discharge of Phantom Liberty, which he says was bought by round 1 / 4 of Cyberpunk 2077 house owners, in addition to ongoing curiosity in The Witcher, for CD Projekt’s success.

“[Phantom Liberty’s success] resulted in robust gross sales,” Nielubowicz mentioned in a video assertion as a part of the earnings. “By the top of 2023 Phantom Liberty had been bought over 5 million instances.”

pic.twitter.com/9GpAn4HWIB

— CD PROJEKT IR (@CDPROJEKTRED_IR) March 28, 2024

Nielubowicz referred to as Phantom Liberty’s gross sales “a superb outcome,” particularly on condition that it has been greater than three years for the reason that launch of the unique Cyberpunk 2077. In the course of the earnings, CD Projekt introduced that Cyberpunk 2077 has earned greater than 3 billion PLN (about $751 million) since its fraught launch in 2020.

Regardless of the strong numbers, CD Projekt underwent a spherical of layoffs in summer time 2023 that noticed it cut back its workforce by round 9 p.c, which the studio described as “an alignment of the dimensions and dimension of the staff with the necessities of ongoing tasks and the CD Projekt Group technique.” The layoffs led to the creation of the Polish Gamedev Employees Union, which was based by gameplay QA analyst Pawel Myszka and programmer Lev Ki. Layoffs have remained an ongoing concern within the video games trade, with Riot, EA, Sony, and quite a few different publishers affected.

Trying forward, CD Projekt is shifting extra assets to The Witcher 4: Polaris as improvement continues apace. CD Projekt can also be planning the subsequent Cyberpunk sport, codenamed Orion, in addition to a live-action undertaking set within the universe.

Kat Bailey is IGN’s Information Director in addition to co-host of Nintendo Voice Chat. Have a tip? Ship her a DM at @the_katbot.



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