Majesco Reports Stronger Second Quarter Financials

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MajescoMajesco announced the financial results of its fiscal second quarter ended April 30, 2011. Read on for more details...
For the second quarter ended April 30, 2011, Majesco reported net income of $2.075 million, compared to a net loss of $1.607 million in the same quarter the previous year. The company emphasized that the strong results came thanks to Majesco's title Zumba Fitness, which continues to produce strong financial returns seven months after launch (hence Majesco's plans to release Zumba Fitness 2).

The bulk of Majesco's sales continue to come from Wii games (54%), with Xbox 360 titles providing 21% and DS games providing 10%. Other platforms make up the remainder.

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This page contains a single entry by Editor published on June 13, 2011 10:43 PM.

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