Key Developments: Majesco Entertainment Co (COOL.PH)
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25 Feb 2013
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Latest Key Developments (Source: Significant Developments)
Majesco Entertainment Co Reaffirms FY 2013 Guidance
Majesco Entertainment Co announced that for fiscal 2013, it expects revenue to be significantly below fiscal 2012 and continues to report a loss. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $78 million and EPS of $(0.15) for fiscal 2013. Full Article
Majesco Entertainment Co Comments On Q1 2012 EPS Guidance; Comments On FY 2013 Guidance
Majesco Entertainment Co announced that for fiscal 2013, it expects revenue to be below fiscal 2012 and expects to report between a modest non-GAAP EPS loss to breakeven for the first quarter of fiscal 2013 and a loss for the fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $135 million and EPS of $0.26 for fiscal 2013; EPS of $0.20 for the first quarter of 2013. Full Article
Majesco Entertainment Co And Disney Interactive Collaborate On Upcoming Video Game Release For Phineas And Ferb
Majesco Entertainment Co announced a relationship with Disney Interactive to start development of original video games based on the animated hit Disney television series Phineas and Ferb. The new game will be developed for retail consoles and gaming handhelds, including smartphones and tablets, and is scheduled for release in August 2013. Full Article
Majesco Entertainment Co Sees FY 2012 Guidance At Lower End Of Prior Range-Conference Call
Majesco Entertainment Co announced that for fiscal 2012, it expects to be at the lower end of previously issued guidance of approximately $130 million to $140 million in net revenue, and $0.20 to $0.30 non-GAAP earnings-per-share (EPS). According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of 139 million and EPS of $0.27 for fiscal 2012. Full Article
Majesco Entertainment Co Announces Partnership With Zynga Inc
Majesco Entertainment Co announced that it has entered into a publishing agreement with Zynga Inc. Under the agreement, Zynga will publish Mini Putt Park, Majesco's latest social game. Full Article
Majesco Entertainment Co And FremantleMedia Enterprises Announce Partnership To Develop And Produce Interactive Games
Majesco Entertainment Co And FremantleMedia Enterprises announced a strategic partnership to develop and produce interactive games based on the Emmy nominated American Idol television series. Under the terms of the partnership, Majesco receives the exclusive rights to publish games in North America. Full Article
Majesco Entertainment Co Reaffirms FY 2012 Revenue Guidance; Lowers FY 2012 EPS Guidance
Majesco Entertainment Co announced that for fiscal 2012, it expects net revenue in a range of $130 to $140 million, and non-GAAP earnings per share of $0.20 to $0.30. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.20 for fiscal 2012. Full Article
Majesco Entertainment Co Raises Low End Of Prior FY 2012 Revenue Guidance To A Range Below Analysts' Estimates; Reaffirms FY 2012 EPS Guidance
Majesco Entertainment Co announced that for fiscal 2012, it expects net revenue in a range of $130-$140 million and non-GAAP earnings per share (EPS) of $0.25-$0.35. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $141 million for fiscal 2012. Full Article
Majesco Entertainment Co Issues FY 2012 Guidance Below Analysts' Estimates
Majesco Entertainment Co announced that for fiscal 2012, it expects net revenue in a range of $125-$140 million and non-GAAP earnings per share (EPS) of $0.25-$0.35. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $141 million and EPS of $0.46 for fiscal 2012. Full Article
Digital Bros SpA Subsidiary Signs Agreement with Majesco Entertainment Co for Publishing and Distribution of the Videogame Zumba Fitness and Other 12 Games
Digital Bros SpA announced that it subsidiary 505 Games Srl and Majesco Entertainment Co, a supplier of videogames for the mass market, have signed an agreement. According to the agreement 505 Games Srl will be responsible for the publishing and distribution of the videogame Zumba Fitness 2 for Nintendo Wii and another console not revealed yet, and for other 12 videogames including among others Hulk Hogan's Main Event, Twister Mania, Alvin and the Chipmunks: Chipwrecked, in the EMEA and Australia areas. The agreement will generate for Digital Bros SpA an increase of EUR 30 million in revenues for the fiscal year 2011-2012. Full Article
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