JoWooD Reports Successful Distribution Results in Acceptable Third Quarter

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JoWooDJoWooD announced certain of its financial results for its third quarter of 2008, ended September 30, 2008.
For the quarter, JoWooD reported revenues of €18.595 million (around $23 million) compared to €17.112 million in the same quarter the previous year. The company also reported earnings before income taxes of €1.836 million (around $2 million) compared to €2.580 million in the same quarter the prior year.


JoWooD attributed its results to its focus in this quarter on distribution of games rather than publishing of its own titles. As JoWooD pointed out, that decreased its margins, but substantially decreased the company's risks.

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This page contains a single entry by Editor published on November 30, 2008 10:04 PM.

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