News: After a poor quarter, Majesco shuffles it's release schedule.
Majesco has revealed it's financial data for the quarter ending July 31 and it's not pretty. With lower than expected sales from Psychonauts and Advent Rising resulted in a loss of $38.6 million for the quarter.
Majesco also revealed that Infected for the PSP was pushed back to late 2005 and Jaws for the PS2, Xbox and PC was pushed back to early 2006.
Majesco has also said that in light of this loss they plan to reevaluate their business plan and focus on more budget titles as opposed to expected blockbusters like Advent Rising and Psychonauts.
No cancellations were announced on any of Majesco's current titles, but we'll stay on top of it.
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