Majesco has announced its Q4 and fiscal 2007 results, showing holiday sales of $11.9 million and losses down slightly to $1.5 million led, as usual, by its Cooking Mama franchise, and has further detailed plans for its new internal casual game effort, Majesco Studios.
In the fourth quarter, Majesco sales reached $11.9 million, compared to $21.5 million the year prior, when it had first launched both Jaws Unleashed and the first release of Cooking Mama. 79 percent of these sales came from handheld releases, 72 percent on the DS alone, and 21 percent from consoles, eight percent on the Wii. Losses for the quarter were $1.5 million, down slightly from $1.9 million the year prior.