Interplay Entertainment Reports Fourth-Quarter Loss of $7.8 Million
Interplay Entertainment Corp., an Irvine video game maker, said it lost $7.8 million, or 29 cents a share, for the fourth quarter, compared with a net loss of $16.6 million, or 91 cents a share, for the 1998 fourth quarter. Revenue increased 33% to $27.3 million. For the year, the company lost $40 million, or $1.78 a share, compared with a year-earlier net loss of $28.2 million, or $1.91 a share. Revenue declined 20% to $101.9 million.