Namco Bandai Reports Huge Loss and Cuts Jobs
by Jared Rosenberg - 8:51 pm EST
Total comments: 5
Source: Edge
Strong sales of Tekken 6 could not keep the company's profits in the black.
Namco Bandai released an extremely dismal third quarter financial report that reveals huge losses for the company during the past year. On a whole, the company that created Pac-Man posted a loss of $129 million (¥11.7 billion) during the last nine months of 2009.
During Namco Bandai's third... Read more...