UK games developer and publisher Eidos (EID: quote )Wednesday announced wider losses in its first-half earnings.
Revenues for the half year ending 30 September were £44.1m, compared to £47.6m for the corresponding period last year. In this half the company lost £27.1m, or a loss per share of 147.0p, compared to a net loss of £11.8m and a loss per share of 69.1p in the corresponding period last year.
In a statement Eidos chairman Ian Livingstone chalked the losses up to a slow period in games releases and "a number of strategic investments... including equity stakes in Pyro Studios, Proein, Elixir Studios and Timeline Studios".
Full story to follow.
See techTrader for more technology investment news, plus quotes and research.