CHICAGO, Illinois, May 5, 2008 – Midway Games Inc. (NYSE: MWY) today announced results of operations for the three month period ended March 31, 2008. The Company also provided revenue and earnings guidance for the second quarter ending June 30, 2008.
FIRST QUARTER RESULTSNet revenues for the 2008 first quarter were $29.9 million, compared to the 2007 first quarter net revenues of $11.1 million and ahead of prior guidance of approximately $28 million. The 2008 first quarter net loss was $34.0 million, or a loss of $0.37 per basic and diluted share, compared with a 2007 first quarter net loss of $19.8 million, or a loss of $0.22 per basic and diluted share.
On a non-GAAP basis, excluding the impact of stock-option expenses and other non-cash items, the 2008 first quarter loss was $26.4 million or a loss of $0.29 per basic and diluted share, compared to the Company’s previous non-GAAP guidance of a loss of approximately $0.21 per basic and diluted share. For the 2007 first quarter, on a non-GAAP basis, the Company reported a loss of $18.2 million, or a loss of $0.20 per basic and diluted share. A reconciliation of non-GAAP results to GAAP results is provided at the end of this press release.
Siliconera: Will we see Ys Book I&II will we see this on US Wiis? Can you give us an estimate on the time?
SD: You know, Ys is one of …
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Protothea
– From Ubisoft (2005 remake), another shooter
– Launch title – 1000 points
– WiiWare could end up with a lot of shooters
– Needs to be faster, more enemies
Castle of Shikigami III
– Great according to Daemon
– Vertical shooter
Boom Blox
– Fun, also good for kids
– A bit overpriced
– Good party game
– Currently embargoed, review tomorrow
– Upcoming events at Sega, Ubisoft, Konami – news out of those events probable
– IGN will have 1 exclusive, Friday – Craig: “Pretty big,” unannounced – Wii & DS game, based off distinct property – video, screenshots
First Stand-alone Wireless Wii Nunchuck from Leading Game Peripheral Manufacturer Now Available
LOS ANGELES, California – May 5, 2008 – Nyko Technologies®, the premier game console peripherals manufacturer, today announced that the anticipated and award-winning Kama Wireless Nunchuck for the Nintendo Wii has shipped to stores nationwide. Named “Best of Show” in the Gaming category by CNET during the 2008 International Consumer Electronics Show, the Kama is the first truly wireless Wiimote controller attachment for the popular Wii console.
01 (__) [360] Grand Theft Auto 4 (Take 2 Interactive) 02 (__) [PS3] Grand Theft Auto 4 (Take 2 Interactive) 03 (__) [WII] Wii Fit (Nintendo) 04 (01) [WII] Mario …
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18 years ago
Wii Dual Shock Control
Want to feel the control rumble as you crash and smash your way through games, experience your Wii gaming in a whole new …
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1 Grand Theft Auto IV Xbox 360 Action Adventure Take Two 2 Iron Man Xbox 360 Action Adventure Sega 3 Grand Theft Auto IV PlayStation 3 Action Adventure Take Two …
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18 years ago
Not sure why this was not number one on gamedailys list. It is the highest rated game of all time, (I know there is on right now …
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18 years ago
This amazing collections is 1 shy of all licensed US NES games, and 20 shy of non-licensed US games.
Link
We have seen the videos of people using the Twilight hack to transfer VC titles. Now someone has figured out how to do the same thing with WiiWare titles.
18 years ago
DS Crosswords DS Speed Racer
Wii Boom Blox Speed Racer The Dog Island
This week may be my first non-Nintendo Wii but since No More Heroes, with …
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SAN MATEO, Calif. — May 2, 2008 — Capcom® Entertainment, a leading worldwide developer and publisher of video games, announced today that Mark Beaumont has been promoted to Chief Operating Officer of both Capcom Entertainment, Inc., in North America and Capcom Entertainment Europe, as well as maintaining his position on the Capcom Board of Directors. Beaumont had been serving as Executive Vice President, Officer, and head of the consumer software publishing business in North and South America and Europe. Beaumont’s promotion is effective as of April 1, 2008.
Beaumont has been with Capcom Entertainment since 2005, joining the company as Senior VP, then promoted in 2007 to Executive Vice President and Officer with additional responsibilities to oversee Capcom’s European business. Beaumont’s responsibilities as COO now include growing and managing Capcom’s ambitious Western-focused development efforts, as well as the company’s pan-Western licensing activities, in addition to the US and European consumer software responsibilities held previously.