Multimedia Games announce third quarter results
By abigail
Multimedia Games Inc have released their financial results through to 30 June 2004, and expressed disappointment at the company’s performance. Net revenue has dropped for the 3 quarters of this financial year so far, with US$36.9 million compared to US$ 37.9 million earned in the same period last year. Net income however has risen by 11% with US$9.8 million being gained compared to US$8.9 million last year.

President of the company Clifton Lind, commented that the mixed results served to emphasis the need for the company to expand their offerings in an increasingly competitive environment. Multimedia Games is already considered a leading supplier to the online gaming and gambling industry, but according to the statement released by Lind, they are resolute in developing more products to offer the industry in order to remain successful, and indeed increase growth and revenue for the company.

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