Capcom Hit with Major YTD Losses
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In case you haven’t noticed from all the headlines lately, it’s that time of the year when companies have to report on their progress for the third financial quarter of the year. The most recent game company to step up to the firing line was Capcom, who released details of its year-to-date financials to investors late yesterday. The results were pretty rough, with the company reporting an overall loss of net income totaling a whopping 95 percent. However, things aren’t as bad as they seem, and the company expects to change things by the end of the financial year.
Lately, with all of the economic news I’ve been writing, I’m feeling more and more like the Crispy Gamer financial analyst. This time around, it’s Electronic Arts’ financials taking the spotlight. The publisher released its third quarter numbers for the 2009 financial year today. With all the news of 