Go Back   Video Games Forum - Free Online Arcade and Gaming Forum > Gaming > Online / Retro / Misc Gaming

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 04-06-2004, 02:57 PM
hypedave's Avatar
Fuk-It-Ol™
 
Join Date: Apr 2003
Location: Dallas, TX
Posts: 2,869
Rep Power: 285
hypedave is on a distinguished road
Post Midway Raises First Quarter 2004 Guidance

- Anticipates Revenue of Approximately $18.0 Million -

- Acquires Surreal Software Inc., Developer of The Suffering -

Chicago, Illinois, April 6, 2004 -- Midway Games Inc. (NYSE:MWY) announced today that it expects its operating results for the three months ended March 31, 2004 to be ahead of the financial guidance provided by the Company on February 25, 2004. For the quarter ended March 31, 2004, Midway expects revenues of approximately $18.0 million, or 50%2% more than the Company’s previously issued revenue guidance of $12.0 million. Midway also projects a net loss for the quarter smaller than the Company’s previously issued guidance of $19.0 million but not proportionate to the increase in the revenue guidance for the quarter. Midway attributed the improved financial outlook primarily to strong initial sales of the Company’s recently released action-horror game The Suffering. Midway released The Suffering for PlayStation 2 and Xbox on March 8, 2004 [details]
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Clicky
All times are GMT -5. The time now is 01:54 AM.
Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright ©1999-2008, Bluegoop.

A vBSkinworks Design


SEO by vBSEO 3.2.0