Mad Catz (MCZ) Misses Q3 EPS by 6c; Announces Restructuring Plan

Go back to Mad Catz (MCZ) Misses Q3 EPS by 6c; Announces Restructuring Plan

Mad CatzĀ® Reports Fiscal 2016 Third Quarter Financial Results and Announces Adoption of Restructuring Plan

February 9, 2016 4:14 PM EST

SAN DIEGO, Feb. 09, 2016 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. (Mad Catz or the Company) (NYSE MKT: MCZ) (TSX: MCZ), today announced financial results for the fiscal 2016 third quarter ended December 31, 2015. Mad Catz also announced the adoption of a Company-wide restructuring plan that includes several executive level and Board of Directors changes as specified in the Companys previous announcement dated February 8, 2016.

 Key Highlights of Fiscal 2016 Third Quarter and Subsequent:

Fiscal 2016 third quarter net sales increased 114% to $65.0 million,... More

Mad CatzĀ® Announces Executive and Board Leadership Changes

February 8, 2016 1:13 PM EST

SAN DIEGO, Feb. 08, 2016 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. (Mad Catz or the Company) (NYSE MKT: MCZ) (TSX: MCZ), today announced several changes to its executive leadership and Board of Directors, effective immediately.

On February 5, 2016, Mr. Thomas Brown resigned from the Companys Board of Directors, including from his role as Chairman and from his position as a member of the Boards Audit Committee. The Companys Board of Directors has named Mr. John Nyholt as Chairman. Mr. Nyholt has been a director of the Company... More