Majesco Entertainment (COOL) Reports Q3 Adj-Loss of 4c; Lowers FY10 Outlook

September 14, 2010 4:04 PM EDT Send to a Friend
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Majesco Entertainment Co. (Nasdaq: COOL) reports Q3 adj-loss of $0.04, 1 cent lower than the analyst estimate of ($0.03). Revenue for the quarter was $12.2 million, which compares to the estimate of $15.6 million.

Cuts its FY10 EPS guidance from about 5c to 1-3c, which compares to the Street estimate of 6c. Sales, meanwhile move from about $80 million to $77-$80 million, which compares to the Street estimate of $83.5 million.


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