Post by Segaman on Nov 8, 2003 0:26:19 GMT -5
Activision announced today that its net revenues for the second fiscal quarter were almost $52 million short compared to the second fiscal quarter of last year.
Ron Doornink, President of Activision said, "We had a light release schedule for the second quarter, however, our main focus for this fiscal year remains our third quarter releases -- Tony Hawk's Underground, True Crime: Streets of L.A., Call of Duty and Empires: Dawn of the Modern World, which represent some of the strongest, most innovative games in our company's history. Overall our competitive position remains strong as we continue to make progress with our quality enhancement initiatives."
It’s interesting to point out, though, that Activision also alluded to some of their future releases, most notably Doom 3. The game has currently been moved to the next fiscal year for planning purposes. Trinity, Shawn Palmer’s Pro Snowboarder 2, and the sequel to Streets Hoops have all been canned already due to financial reasons.
Ron Doornink, President of Activision said, "We had a light release schedule for the second quarter, however, our main focus for this fiscal year remains our third quarter releases -- Tony Hawk's Underground, True Crime: Streets of L.A., Call of Duty and Empires: Dawn of the Modern World, which represent some of the strongest, most innovative games in our company's history. Overall our competitive position remains strong as we continue to make progress with our quality enhancement initiatives."
It’s interesting to point out, though, that Activision also alluded to some of their future releases, most notably Doom 3. The game has currently been moved to the next fiscal year for planning purposes. Trinity, Shawn Palmer’s Pro Snowboarder 2, and the sequel to Streets Hoops have all been canned already due to financial reasons.
