Mad Catz Posts Annual Profit

| | Comments (0)
Mad CatzPeripheral manufacturer Mad Catz announced its financial results for its fiscal fourth quarter and fiscal year ended March 31, 2010:
For the quarter, Mad Catz reported net income of $838,000, compared to a net loss in the same quarter the previous year of $3.689 million. For the year, the company reported net income of $4.463 million compared to a net loss in the previous year of $32.614 million.


Mad Catz noted that its results indicate that its restructuring was successful (cutting operating expenses by around 10%) without impacting adversely impacting profits.

Xbox 360 products accounted for more sales than any other platform (constituting nearly a third of sales), while controllers were the biggest sellers by category.

Leave a comment

About this Entry

This page contains a single entry by Editor published on June 10, 2010 6:02 PM.

Dreamcast Games to Become Downloadable Console Titles was the previous entry.

E3 Approaches is the next entry.

Find recent content on the main index or look in the archives to find all content.

 

Add to Technorati Favorites