Playlogic Reports Quarterly Loss

For the quarter, Playlogic announced net revenues of $2.0 million, compared with net revenues of $1.1 million in the same quarter the previous year. That resulted in a net loss of $3.2 million for the quarter, compared to a net loss of $3.0 million in the same quarter the previous year. Playlogic noted that the lower profits were the result of entering into the console market.