March
3
Something's up at Midway
Or maybe not. But it's pretty odd that Midway rescheduled its earnings report today... the same day it was supposed to report earnings. In fact, the re-sked happened at 6:40 PM, several hours after Midway had said it would release its financial performance for the crucial fourth quarter, aka the holidays.
Now it's possible that there was just a last minute screw-up and nothing more. But I'm a little suspicious, since in my several years of covering earnings for dozens of different public companies, I've never seen one just not report on the day they were supposed to and then announce, at 6:40 PM, that it's coming in three days. Which leads me to think that perhaps Midway's dealing with some really bad numbers from the holidays. Or maybe there's some big deal it wants to includew with its earnings report it's just concluding right now.
Whatever the reason, we'll find out on Thursday.



Variety video games reporter and reviews editor Ben Fritz tracks the business of games and their intersection with Hollywood.
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