Playlogic records $3m net loss

Playlogic has reported on its financial results for the third quarter of the financial year, with net revenues dropping to USD 1.1 million compared with USD 3.7 million in the previous year.

This quarter also saw gross profit plummet to USD 300,000 compared with USD 2 million for the same period in 2007. The company blames this on a number of rescheduled titles being moved from the third and fourth quarters into the first quarter next year.

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