Eidos in Trouble
They looked ropey last year, and now sales projections have hit the floor again
Delays to key releases and poor sales in the US have forced Eidos to revise its full year profit projections, reports MCV. Commandos 2, Gangsters 2 and Startropia are just three examples of games that have taken longer than expected and hit the publisher hard. The financial results, due to be announced on February 28th, will be lower than originally anticipated. All this occurred despite Eidos grabbing as much as 12% of the UK market in the final quarter of last year, with profits way ahead of expectations. Unfortunately, the company has been hit by what it refers to as a "softening" of the US market. All this caused Eidos' shares to fall by as much as 27% in early trading. They are on the way back up at the moment, but only gradually.