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CD Projekt Grows Team Dedicated to Cyberpunk 2077 Expansion; Sales Grow But Profit Drops YoY

Today CD Projekt published its financial results for the third quarter of 2021, and provided more insight on its business and development pipeline.

We hear that, while sales have grown by 38% year-on-year, profit has dropped by 30% due to costs that did not apply last year including the upkeep of Cyberpunk 2077 and higher development costs for new and unannounced games early in development.

We also hear that the next-generation versions of Cyberpunk 2077 and The Witcher 3: Wild Hunt are still slated for Q1 and Q2 2022 respectively (following the recent delay)

Last, but not least, the team at work on the “major” expansion for Cyberpunk 2077 has increased in size.

Below you can check out all the relevant slides and a presentation by Chief Financial Officer Piotr Nielubowicz. You need to click on the “cc” button for English subtitles.

Cyberpunk 2077 is currently available for PC, PS4, and Xbox one and you can also read our review. The game has been updated plenty of times since its release last year.

If you’d like to learn more about The Witcher 3: Wild Hunt, you can read our review. The game is currently available for PC, PS4, Xbox One, and Nintendo Switch.

Free DLC inspired by the TV show will also be released for The Witcher 3: Wild Hunt by CD Projekt RED at some point in the future, with more information to be revealed at a later time.

The post CD Projekt Grows Team Dedicated to Cyberpunk 2077 Expansion; Sales Grow But Profit Drops YoY appeared first on Twinfinite.

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