Tuesday, March 18, 2008

Cooking Mama makes Majesco profits rise

Majesco Entertainment's Q1 sales (period ending Jan. 31, '08) saw $18.7 million in sales and $2.7 million in profit. The publisher's got nobody to thank more than dear sweet Cooking Mama for the cash. The company saw 77% of its sales from handheld titles, like Cooking Mama 2: Dinner with Friends on DS, and made 22% off console sales, with a heavy showing by Wii titles.

Majesco CEO Jesse Sutton says the quarter was exceptional and in line with the company's plan to focus on the casual market; he continues that Cooking Mama delivered revenue increases of 47% compared to the same period last year. The company's projections have it staying the course set by this first quarter throughout the year and here's hoping Majesco can find some franchise beyond Cooking Mama and her broken English over the next year
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