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JAMDAT Mobile Announces Fourth Quarter and Fiscal Year 2004 Results

February 24th, 2005 by Arjan Olsder Posted in Companies & M&A | No Comments »

— Fourth quarter 2004 revenues of $11.6 million marked JAMDAT’s twelfth consecutive quarter of double-digit sequential revenue growth (up 22% over third quarter 2004 and a 122% increase over fourth quarter 2003). Fiscal year 2004 revenues of $36.6 million represented JAMDAT’s third consecutive year of triple digit revenue growth with a 171% increase over 2003.

— Fourth quarter 2004 GAAP net income of $0.6 million, or $0.03 per diluted share, compared to a net loss of $1.8 million in the prior year period. Fiscal year 2004 GAAP net income of $1.8 million, compared to a net loss of $7.1 million in 2003.

— Fourth quarter 2004 adjusted net income of $1.2 million, or $0.06 per diluted share, compared to an adjusted net loss of $1.2 million in the prior year period. 2004 adjusted net income of $5.1 million compared to an adjusted net loss of $2.8 million in 2003. More …




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