British games producer Eidos, which is set to be taken over by Japanese games giant Square Enix, has posted much improved earnings figures for H208: in the last six months of 2008 Eidos made revenues 26.7 percent higher year on year at £80.3 million and losses of just £1 million, compared to a £75.1 million loss in H207. There’s a loss per share of £0.03 but the company, but the company appears to be in good enough shape to justify the £84 million Square Enix bid for it. Net debt has also been lowered from £5.7 million a year ago to £3.2 million.
Eidos has sold 2.6 million units of its latest Tomb Raider game, out-selling the previous two installments of the Lara Croft franchise — but that’s still lower than Eidos had expected so it reiterates its lowered 2009 sales forecast of between £160 million and £180 million, down from an original forecast of between £180 million and £200 million. One glimmer of hope: for the first time Eidos is releasing two paid-for downloadable expansion releases for Tomb Raider, extending its retail lifespan.