GamersCircle

Marvel Enterprises has raised its guidance for fiscal 2002 third quarter revenue today, citing a deal with Universal Interactive (announced yesterday) that will see Marvel’s comic book universe come to life in an upcoming online role-playing game, along with a ten year deal with Vivendi Universal Games (a division of Vivendi Universal Publishing). Marvel has raised its third quarter sales guidance by $18 million to a range of $63 million to $68 million, and its full-year sales guidance by $20 million to a range of $235 million to $245 million. Marvel’s EBITDA guidance for the third quarter and full-year periods have been raised by $8 million to a range of $20 million to $22 million for the third quarter and $68 million to $73 million for 2002.

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