Age of Conan: Hyborian Adventures (PC)Funcom CFO resigns following $23.3m lossgamesindustry - February 23, 2009
Submitted by BrotherE (82)
at 8:06AM PST on February 23, 2009
Funcom has reported its financial results for the fourth quarter, revealing an operating loss of USD 23.3 million, caused by a depreciation of USD 22.8 million due to the lagging performance of Age of Conan. The poor performance is compounded by the announcement that the company's chief financial officer, Olav Sandnes, has resigned from the position.
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