Eidos Announces Financial Results

Eidos Announces Financial Results is today’s industry move, and it is one more reminder that the games business is growing up fast, whether it is ready or not.

Eidos plc announced today results for the quarter ended June 30, 1999. Revenues were $26.6 million for the quarter, a decrease of 35% from the same period last year. On a US GAAP basis the Company’s loss before tax for the quarter ended June 30, 1999 was $33.5 million.

It is business news, sure, but these moves shape what games get made, what stores carry them, and who is still standing next year.