Acclaim Entertainment, Inc. Reports Profitable First Quarter Of FY 2002

Business Wire, Jan 10, 2002

Revised Fiscal 2002 Net Revenue and Earnings Guidance

The Company has increased its net revenue guidance by $10.0 million to $301.0 million for its fiscal year 2002, representing a 52% increase over its fiscal year 2001 net revenues of $197.6 million. The Company has also increased its net earnings guidance by $6.6 million to $38.6 million for its fiscal year 2002, representing an approximate 166% increase over its fiscal year 2001 earnings before extraordinary items of $14.5 million. The following chart outlines the Company's revised guidance for its fiscal year 2002: