Eidos revenues up 26%, Lara says 'You're welcome'

by Richard Mitchell { Feb 27th 2009 at 6:50PM }

GI.biz reports that Eidos has posted financial results for the six-month period ending December 2008, and things are looking up for the publisher. Revenues for the period were up a full 26% at £80.3 million, up from £63.4 million during the same period in 2007. The cut to the publisher's losses was even more dramatic, down to just £1 million compared to £81.4 million in 2007. Eidos also managed to lower its debt from £5.7 million to £3.2 million.

The uptick in revenues is largely the doing of Lady Croft and her recent Underworld adventures, which sold 2.6 million copies (with 1.5 million sold through to consumers). Eidos noted that Tomb Raider: Underworld has outsold both Legend and Anniversary, though the company reiterated that sales were still lower than expected.

This has got to be good news to Square Enix, which recently crammed more Eidos stock into its portfolio and is gunning to acquire the publisher. It has to be even better news for the growing number of stockholders that support the acquisition.

Tags: business, eidos, eidos-interactive, tomb-raider

Reader Comments (Page 1 of 1)

Moptimus Slime (Leader of the Taylor Swift Defense Force, Gobot in disguise) @ Feb 27th 2009 7:00PM

The ironing is delicious OM NOM NOM NOM

Dave @ Feb 27th 2009 7:07PM

If they ever fully acquire Eidos, I think Square Enix should "Lara Croft size" all the Final Fantasy girls.

ice~ @ Feb 27th 2009 7:13PM

then we'll finally be able to differentiate (most) of them from the men!

Anthony @ Feb 27th 2009 7:59PM

Ahh, but who's to say they wouldn't also "Lara Croft size" all the dudes too?

Dr Jeckyl and Mr ESC. @ Feb 27th 2009 8:07PM

P1:"Hey why does that 12 year old girl has huge breast?"

P2:"And why does that 32 old man has huge breasts as well?"

P1:"And just look at the granny arrgghhh".

L3thal Interjection @ Feb 27th 2009 7:18PM

I still intend to pick up Underworld but my purchases currently lag my wish list by approximately 3 months due only to the slew of highly desirable games as of late.

Maurice M @ Feb 27th 2009 7:22PM

Whoever is running Eidos with the expectations that a Tomb Raider game in this day and age will sell better than Underworld needs to be fired. Along with the guy who agreed to an exclusive DLC deal. Not that it affects me as I have it on 360, but its still a dick move.

Jake B @ Feb 27th 2009 7:29PM

Now if only Edios got paid in something other than walnuts, then that 26% would matter.

wintersfs @ Feb 27th 2009 8:02PM

Hey Eidos, put out Gauntlet DS already! (sign the petition: http://www.thepetitionsite.com/1/eidos-release-gauntlet-ds-now )

LegendaryRedass @ Feb 27th 2009 8:14PM

Eidos is like an alcoholic who's hit rock bottom, and Lara Croft is the stubbornly dedicated wife that sticks it out through thick and thin. End the end, Eidos'll push her away too. Or beat her to death.

LegendaryRedass @ Feb 27th 2009 8:17PM

LegendaryRedass @ Feb 27th 2009 8:19PM

That's nice when your comment doesn't show up. So you retry it a 2 show up. Not embarassing at all.

t_m @ Feb 27th 2009 8:42PM

But where do they go from here? The (rebooted) tomb raider games have already gotten pretty stale.

Ahh... but i guess if Enix buys them then they can just re-release them on every platform ever invented for the rest of time...

Goity @ Feb 28th 2009 7:04AM

Lara Croft has clearly still got it, despite very visible forehead wrinkles in her latest game.

sea @ Feb 28th 2009 8:27AM

Honestly, I think Eidos needs to give Tom Raider a rest. The franchise is still great and the games are fun, but I think gamers might actually be suffering from fatigue. Bring Lara out when we don't have Gears of War and Call of Duty in the limelight, and spend the time waiting to develop a really great, innovative and exciting game rather than the rehashes the last few of them have been. It's been what, three years or so, and we've had as many Tomb Raiders in that time. Legend is quite good, but all the succeeding titles have been built upon its bedrock. It's time for a change.