Midway Games reports $4.62 million October net loss; revenues fall

By Caroline Salls

Pittsburgh, Feb. 16 - Midway Games Inc. reported a $4.62 million net loss for October on $6,037 in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The figures showed a decline from the $1.3 million net loss posted for September on $302,703 in revenues.

Midway had $42.32 million in cash and cash equivalents at Oct. 31, down from $44.24 million at the end of September.

Midway Games, based in Chicago, is a developer and publisher of interactive entertainment software for videogame systems and personal computers. The company filed for bankruptcy on Feb. 12, 2009. Its Chapter 11 case number is 09-10465.

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