Mad Catz Q1 2008 Sees Loss Narrowed

Today, Mad Catz announced its results for the fiscal period ended June 30, 2007. The company posted net sales of $14.6 million, a 20% decrease from $18.1 million posted during the same period last year. Gross profit margin over the period was 32.1%, a record and up from 19.6% in the same time last year. A loss was still posted for Q1 2008, however, decreased from $0.9 million for Q1 2007 to $0.2 million.

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