Majesco’s Q3 swings to $4.2 millon loss

By Patrick Garratt, Wednesday, 16 September 2009 15:17 GMT

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Majesco posted an operating loss of $4.2 million for the third quarter. The loss compares to a profit of $0.3 million for the same quarter in 2008.

Revenue for the company did show an increase however, up 19 percent to $17.2 million compared to $14.5 million last year.

Sales of the publisher’s Wii and DS titles were up 16 per cent and 18 percent respectively.

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