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BAM! Entertainment Revenues Slump

Officials from BAM! Entertainment have announced the company’s fiscal fourth quarter results ended June 30. Net revenues dropped 85% to $2.1 million, with an operating lo...

David Jenkins, Blogger

September 30, 2003

1 Min Read
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Officials from BAM! Entertainment have announced the company’s fiscal fourth quarter results ended June 30. Net revenues dropped 85% to $2.1 million, with an operating loss of $9.3 million and a net loss of $9.2 million, equivalent to 63 cents per share. In the same period last year the company sustained an operation loss of just $5.1 million and a net loss of $5.2 million, equivalent to 35 cents per share. The company did not release any new titles during the quarter in question, due to restructuring and refocusing of key product lines.

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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