Mad Catz (MCZ) Misses Q4 EPS by 7c
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Mad Catz® Reports Fiscal 2016 Fourth Quarter and Year End Financial Results
June 2, 2016 4:05 PM EDTSAN DIEGO, June 02, 2016 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. (Mad Catz or the Company) (NYSE MKT: MCZ), today announced financial results for the fiscal 2016 fourth quarter and full year ended March 31, 2016.
Key Highlights of Fiscal 2016 Fourth Quarter and Subsequent:
Fiscal 2016 fourth quarter net sales increased 4% Â over the prior year fourth quarter to $17.1 million, driven by a 57% increase in net sales to the Americas and a 7% increase in net sales to APAC, partially offset by a 30% decrease in net sales to EMEA;Gross margin... More