Eidos financials hit with disappointing Tomb Raider Underworld sales

Posted Jan 9th 2009 9:00AM by John Callaham
Filed under: Biz

UK based Eidos has been in financial trouble for a while now and today the publisher announced even more bad news as they have cut their revenue estimates for the full fiscal year due to disappointing US sales of Tomb Raider Underworld. Eidos said in a statement that while the game has sold well in Europe, the US sales have not been so lucky, saying, "In a difficult North American economy we have seen retailers restricting inventory levels and triple-A products being price discounted above our expectation."

As a result Tomb Raider Underworld is now estimated to have sold 1.5 million units world wide by the end of 2008, below Eidos' expectations. The company is now saying its full year revenue will be between 160 million-180 million pounds, below their previous estimate of between 180 million and 200 million pounds. Of course, late last year rumors were that Eidos was being considered for acquisition by several different parties.

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

Reader Comments (Page 1 of 1)

I think this is damn sad because I found Underworld to be a friggin' awesome game. Ever since Crystal Dynamics took over the franchise, TR has been amazing.

...bysmittyPosted at 11:28AM on Jan 9th 2009 by bysmitty

I'm sure if Tomb Raider fans knew what they were getting into when purchasing this game that the sales figure would have dropped by at least 25% of the current revenue generated.
Ever since Tomb Raider III the game has been going downhill with everything except the graphics. I mean come on - Underworld has no bosses, bad storyline and is one of the shortest games in the series. I completed this on hard mode in 5 hours, very very dissapointing. Suffice to say I won't be buying any more Tomb Raider games even though I used to be a big fan of the franchise :/
Posted at 2:41PM on Mar 5th 2009 by Steven Bell