Midway has been trying to get back in the black for the past few years but without much success. The publisher recently dumped its CEO David Zucker who tried to change Midway's game to a more adult vein (the company has hired Midway veteran Matthew Booty to take over temporarily). Today the publisher announced yet another loss for its last fiscal quarter that ended March 31. The company lost $34 million in that three month period, compared to a loss of just $19.8 million for the same period a year ago.

The news wasn't all bad. Midway recored a total of $29.9 million in its last fiscal quarter, which is higher than its previous predictions of $28 million and higher than last year's revenue of $11.1 million. Midway is counting on its fall 2008 game line-up to change its fortunes. Those titles include the racing action game Wheelman and the open world action game This is Vegas, both of which will be released for the PC.