Playlogic Reports Consistent Fiscal First Quarter Results

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Playlogic Entertainment announced certain financial results for its fiscal first quarter ended March 31, 2008.
For the quarter, Playlogic reported net profits of $0.7 million, compared to $0.8 million in the same quarter in the previous year. While earnings were stable, Playlogic reports that its results were lower than expected because the release of the Wii version of its game Obscure II slipped into the first week of April and missed the first quarter. "Playlogic expects to see steady revenue growth with continued profitability."

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This page contains a single entry by Editor published on May 8, 2008 10:48 PM.

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