Video game maker Activision Inc. reported a fiscal second-quarter loss of $13.2 million as the company's offerings failed to match the success of last year's "Spider-Man."
The net loss of 5 cents a share contrasted with net income of $25.5 million, or 9 cents a share, a year earlier, the Santa Monica-based company said. Revenue fell 28% to $222.5 million in the quarter ended Sept. 30.
