Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
November 12, 2019
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


FUN Technologies Q2 Sales Up 68%

FUN Technologies Q2 Sales Up 68%

July 30, 2007 | By Brandon Boyer

July 30, 2007 | By Brandon Boyer
Comments
    Post A Comment
More: Console/PC



Online and casual publisher FUN Technologies, parent group of the Skilljam and Worldwinner sites, has announced its second quarter results, showing sales up 68% to $16.9 million, but quarterly losses of $7.6 million, down from $8.8 million the year prior.

Sales for its games division accounted for $10.4 million of the $16.9 total, up 82 percent over 2006, and up $1.2 million over its first quarter.

Fun Technologies subsidiary WorldWinner in April announced the renewal of its agreement with AOL to provide skill-based cash and prizes, and other tournaments on AOL Games and Games.com, which saw WorldWinner develop a customized, co-branded site where AOL players can compete against other players in the WorldWinner network at games like Bejeweled 2.

FUN CEO Lorne Abony said, “FUN Technologies had a record quarter, mainly due to consolidation in the Games segment that continued to produce extremely favourable results and the addition of Major League Baseball-related Fantasy Sports operating results. We are extremely pleased to record the Company’s first quarter of free cash flow and with the significant improvement the Company achieved in Adjusted EBITDA."


Related Jobs

Evening Star
Evening Star — Los Angeles, California, United States
[11.11.19]

Gameplay Programmer
Evening Star
Evening Star — Los Angeles, California, United States
[11.11.19]

Technical Artist
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[11.11.19]

QA Tester
Proletariat Inc.
Proletariat Inc. — Boston, Massachusetts, United States
[11.11.19]

Business Development Manager









Loading Comments

loader image