Nov 11, 2010

Mad Catz reports record sales for Q2, led by Tritton peripherals

by JC Fletcher on November 5, 2010 1: 15 AM Mad Catz-bundle With Catz today announced record net sales in its fiscal 37.4 million Q2, which ended in September. This 73.2 per cent higher than the second quarter of last year. Operating profit was $ 1.9 million, another record and clearly preferable to last year's negative $ 200000.

Xbox 360 sales account for the largest share of sales, 37 per cent. PS3 sales increased percentage, and everything else has shrunk proportionately.The biggest selling item categories wasn't FightSticks, as expected, or even modern warfare 2-branded controllers--it was audio products, including the acquisition of new Tritton. Specialized controllers were best sellers.

"While the second-quarter net sales benefited from initial deliveries of the rock group products and our newly acquired Tritton gaming line," said Darren Richardson, President of Mad Catz, "it is important to note that thanks to our strong portfolio of new products in all of our brands, we will continue to increase for the quarter where the two product lines will be removed from our sales."

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