Majesco revenues up 60% for second quarter (Thanks, Jillian Michaels, Cooking Mama ... again)
byMajed Athab||June 16th 2009 at 5:40pmJune 16th 2009 5:40 pm
Majesco announcedgloated yesterday about its earnings for the second quarter of 2009 (ending April 30, 2009). The company reported net revenues increased 60.8% to $20.5 million over the $12.8 million earned in the same period last year. Majesco attributes the massive increase of revenue to strong software sales for Jillian Michaels' Fitness Ultimatum 2009, Cooking Mama titles and Gardening Mama, which hit retailers in March.
Last quarter, Majesco's revenues kicked up 75% with its good fortunes also attributed to the same games with Jillian Michaels' Ultimatum selling more than half a million copies. It's then not surprising that Majesco is expanding the brand, bringing out Ultimatum 2010 for Wii and Jillian Michaels Pocket Trainer 2010 on DS next year.