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Midaway Lowers Guidance for the Fourth Quarter

Midway Games has lowered its guidance for the current quarter, saying one of its games had been delayed into the first quarter of 2002.

Game Developer, Staff

November 16, 2001

1 Min Read
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Midway announced that because of a delay in NFL Blitz 20-02 for Playstation 2, the company now expects revenues of $40 million to $45 million in the current quarter and pre-tax operating results from break-even to a loss of $3 million.

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