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


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.