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Midway Posts Loss in First Quarter, New CEO Still Optimistic

Monday, May 5, 2008

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Midway Posts Loss in First Quarter, New CEO Still Optimistic

Midway announced its first quarter results, and the news is mixed. Although the company showed sales above estimates at $29.9 million, Midway also posted a loss of $34 million, up from a loss of $19.8 million last year. The only American release during this quarter, however, was the Stranglehold expansion pack. It wasn’t too long [...]

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