Mad Catz (MCZ) Tops Q2 EPS by 8c
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Mad Catz® Reports Fiscal 2017 Second Quarter Financial Results
November 3, 2016 4:07 PM EDTSAN DIEGO, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. (Mad Catz or the Company) (NYSE MKT: MCZ), today announced financial results for the fiscal 2017 second quarter ended September 30, 2016.
Key Highlights of Fiscal 2017 Second Quarter and Subsequent:
Fiscal 2017 second quarter net sales decreased 62% to $14.9 million, driven primarily by a decrease in sales of Rock Band 4 products; by geography, the Company recorded a 63% decrease in net sales to the Americas, a 62% decrease in net sales to EMEA and a 44% decrease in net sales to APAC;Â Â Gross margin... More