Cyberpunk 2077’s Launch Issues Dug Into CD Projekt’s Profit

CD Pro­jekt Red has released its lat­est earn­ings report, and with it comes some com­men­tary about the cost Cyber­punk 2077 had–as well as what’s next for the company.

To begin, CD Pro­jekt Red stat­ed it remains “hard at work” on Cyber­punk 2077’s new ver­sion for Xbox Series X|S and PlaySta­tion 5. They did note that this ver­sion is still on track to release in the first quar­ter of 2022 (Jan­u­ary through March). CD Pro­jekt added that a “major update” for Cyber­punk 2077 will be rolled out dur­ing this time.

The Witch­er 3: Wild Hunt’s PS5 and Xbox Series X|S ver­sions are also cur­rent­ly in devel­op­ment. CD Pro­jekt Red pre­vi­ous­ly men­tioned that The Witch­er 3 is on track to launch in Q2 2022 (April through June).

Addi­tion­al­ly, a Cyber­punk 2077 expan­sion pack is also in devel­op­ment, but the stu­dio did not spec­i­fy a sched­uled release date for it. How­ev­er, CD Pro­jekt did pro­vide a graph to show it con­tin­ues to increase the size of the devel­op­ment team work­ing on the expansion.

Cyberpunk 2077's Launch Issues Dug Into CD Projekt's Profit

CD Pro­jekt Red is attempt­ing to “trans­form” its stu­dio to one that make more game simul­ta­ne­ous­ly. CD Pro­jekt recent­ly acquired Dig­i­tal Scapes and The Molasses Flood to become CD Project Van­cou­ver and CD Pro­jekt Boston. Of course, no one knows what either of those teams are work­ing on.

The stu­dio made 144 mil­lion PLN in rev­enue for its third quar­ter, up by more than 40% com­pared to the same peri­od last year. How­ev­er, total prof­it fell to 16 mil­lion PLN, down from 23.4 mil­lion PLN. CD Pro­jekt said this down­swing was due in part to expens­es relat­ed to updat­ing an improv­ing Cyber­punk 2077 after its rough launch, as well as cov­er­ing the cost of “explorato­ry work” on new projects.

You can see just how much an impact Cyber­punk 2077 had on CD Pro­jekt Red’s bot­tom line.

Cyberpunk 2077's Launch Issues Dug Into CD Projekt's Profit

IvanaHumperlot
IvanaHumperlothttp://buttonsmashgamers.com
I am a Platinum lover and an ex- Cod-aholic. I've been playing games since I was 5 years old and I refuse to quit, despite my mother's attempts to get me to. God of War and its successors are my all time favorite games.

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