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Microcap & Penny Stocks : MCZ (Mad Catz Interactive)

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From: Fuzzy11/7/2014 7:08:29 AM
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Mad Catz Interactive, Inc. (“Mad Catz” or the “Company”) (NYSE MKT:MCZ)( MCZ.TO), today announced financial results for the fiscal 2015 second quarter ended September 30, 2014.

Key Highlights of Fiscal 2015 Second Quarter and Subsequent:

Fiscal 2015 second quarter net sales increased 26% to $22.5 million, driven by a 162% increase in net sales across APAC, a 15% increase in EMEA and an 8% increase in the Americas; Gross margin improved to 30.0%, compared to 26.7% in the prior year quarter; Total operating expenses decreased 15% from the prior year period to $7.2 million; Diluted loss per share was ($0.01) for the fiscal 2015 second quarter, compared to a diluted loss per share of ($0.07) last year;
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