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: GamePolitics.comLeft Behind Games and the Pachter Effect
By james_fudge
Christian video game publisher Left Behind Games has increased guidance upwards by 30 percent for its fiscal year ending March 31, 2011. LBG expects $1.3 million in annual revenue as a result of significant interest in our products - according to CEO Troy Lyndon.
The company also gave credit to Wedbush Morgan analyst Michael Pachter for some of that newfound interest in its products:
"On February 24, 2010, Michael Pachter, Research Analyst at Wedbush Securities stated, 'I think that the Christian video game market is a significant market currently underserved by traditional publishers.' Since the time of Pachter's quote, LB Games has grown in revenues by more than 1000 percent and gained national retail distribution through Synnex, a billion dollar funding, fulfillment and distribution partner introduced to LB Games by Walmart. LB Games products are also available online at Walmart.com and BestBuy.com." Read More
Full post as published by GamePolitics.com on November 17, 2010 (boomark / email).
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