Sega Reports First Quarter Losses Wii
by Lukasz Balicki - 3:37 pm EDT
Total comments: 12
Source: Financial Report Document
Even with strong Wii software sales, Sega reported a net loss in the first quarter of their fiscal year.
Sega Sammy, the parent company of Sega, has reported a decline in sales and a net loss in the first quarter of the 2009 fiscal year ending in June. Sega's revenues totaled $638.44 million, a decline of 16 percent from last year. They also suffered a net loss of $108.66 million in the first quarter, slightly lower than the net loss of $111.19 million that the company reported a year prior.
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