Midway Posts Massive Loss, Sales Driven by PS3

Constantly struggling publisher Midway has posted the results of their first quarter for the 2008 fiscal year, revealing a total loss of $34 million. Surprisingly, the company actually outperformed itself, noting that it raked in $29.9 million in revenue, a figure that actually surpassed their expectations of $28 million. The company has not posted a profit since 1999. Out of this revenue, a total of 45.8% was attributed to the sales of PS3 games, including Unreal Tournament 3. Wii games acco