Southpeak Q3 Financials 2008

SouthPeak posts Q3 revenue growth

SouthPeak Interactive posted its Q3 revenues today showing a substantial Y-o-Y increase. Revenues jumped from $2.2 million to $13.5 million, while profit rose $20,000 last year, to $289,000 this year. “The successful execution of our business plan during the post holiday season is exemplified by our strong growth in the third quarter, with sales reaching […]

Southpeak Q3 Financials 2008 headlines

  • SouthPeak sales drop 54% year-on-year

    SouthPeak’s third quarter figures have shown a 54 percent decline from the corresponding previous period, down to $8.4 million from $18.3 million last year. The firm placed blame for the numbers on a tough comparison: it released RPG Two Worlds for 360 in the same period in 2007. More on Edge.