Gameloft Reports Robust 2010 Results

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Gameloft, a publisher of mobile and casual games, has reported its financial results for fiscal 2010. Read on for more details...
For 2010, Gameloft reported a net profit of €13.6 million (around $19 million) compared to a net profit of €6.0 million in 2009. Gameloft attributed its higher profitability to sales in developing nations and to the success of its smartphone-based games. Gameloft also gloated that its cost controls helped keep expenses down. The company expects further growth thanks to increased adoption of smartphones and new platforms such as smart televisions.

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