Midway - The prison bitch who gets shanked yearly
Midway has announced that it is continuing its downward slide into the abyss of even more $20 budget titles after releasing Q3 US loss information.
The company posts a $22 million loss in Q3 of this year, continuing their trend of the US market throwing money away instead of spending it on Mortal Kombat titles. Good news however is that their Q3 loss of $22 million is substantially better than their loss of $27.4 million from Q3 last year! Bring out the fine china they are rolling in the moolah now!
Midway president and CEO David Zucker states, "We were pleased to exceed our financial expectations for the third quarter". You know it's bad when a company loses more than I will ever make in 20 lifetimes and their response is, "hey, we thought it was going to be worse. Booya!"
More info on their stock after the Jump.
\\drew
The company posts a $22 million loss in Q3 of this year, continuing their trend of the US market throwing money away instead of spending it on Mortal Kombat titles. Good news however is that their Q3 loss of $22 million is substantially better than their loss of $27.4 million from Q3 last year! Bring out the fine china they are rolling in the moolah now!
Midway president and CEO David Zucker states, "We were pleased to exceed our financial expectations for the third quarter". You know it's bad when a company loses more than I will ever make in 20 lifetimes and their response is, "hey, we thought it was going to be worse. Booya!"
More info on their stock after the Jump.
\\drew
posted by Drew at 7:50 AM
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