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Eidos Reports Strong Christmas, Reaffirms Fiscal Guidance

Eidos reported a healthy Christmas season, citing strong sales of Hitman 2 and TimeSplitters 2, which had combined sales of 2.9 million units to date.
As a result, the company said it expects post a profit for the first half of its fiscal year, which ended December 31. The company also reported a "strong cash position" as of the end of the year, with about 50 million pounds in cash. According to the company, the North American market represented over 45% of its first half sales, up from 34% for the 15 months reported to June 30, 2002. As such, the company reaffirmed guidance for the fiscal year, which ends June 30, 2003.

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