Mad Catz Reports Improved Third Quarter Results

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Mad CatzPeripheral Manufacturer Mad Catz announced the financial results of its fiscal third quarter ended December 31, 2009:
For the quarter, Mad Catz reported net income of $5.592 million, compared to a net loss of $26.909 million in the same quarter the previous year. Mad Catz noted that sales growth was led by record European sales, and that the company continues to reduce its operating expenses.

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