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LeapFrog posts smaller loss on strong sales of tablets, toys
August 1, 2013 / 8:11 PM / in 4 years

LeapFrog posts smaller loss on strong sales of tablets, toys

Aug 1(Reuters) - Educational toy maker LeapFrog Enterprises Inc reported a smaller second-quarter loss, helped by strong sales of its tablets and learning toys.

The company’s net loss narrowed to $3.3 million, or 5 cents per share, from $8.1 million, or 12 cents per share, a year earlier.

Excluding items, LeapFrog reported a loss of 4 cents per share.

Net sales rose 16 percent to $83 million in the quarter ended June 30.

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