Acclaim Posts Q3 Loss

Officials from Acclaim have announced the company’s third quarter results, for the period ended December 28. In this time the company managed to narrow its quarterly loss but recorded a 38% drop in sales. During the quarter the company made a loss of $9 million on sales of $39.3 million, compared to a loss of $13.9 million and sales of $63.1 million at the same time last year. The company expects fourth quarter results, for the period ended March 31, to include a loss of $20 million to $25 million. However a positive result is being predicted for the next year with Alias, All-Star Baseball 2005 and Juiced being citied as key titles. Source: Newsday.com