Seoul, Korea, Oct. 28, 2016 -- GRAVITY REPORTS THIRD QUARTER OF 2016 RESULTS

 

Seoul, South Korea – October 28, 2016 – GRAVITY Co., Ltd. (GRVY)  (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the third quarter ended September 30, 2016, prepared in accordance with generally accepted accounting principles in the United States.

 

FINAICIAL RESULTS FOR THE THIRD QUARTER OF 2016

 

Revenues

Revenues for the third quarter ended September 30, 2016 was KRW 15,746 million (US$ 13,143 thousand), representing a 73.9% increase from KRW 9,057 million for the second quarter ended June 30, 2016 (“QoQ”) and a 81.6% increase from KRW 8,671 million for the third quarter ended September 30, 2015 (“YoY”).

NEWARK, Calif. & LAUSANNE, Switzerland -- Logitech International (LOGN.SW) (LOGI) today announced financial results for the second quarter of Fiscal Year 2017.

 

Q2 sales were $564 million, up 9 percent compared to Q2 of the prior year. Q2 retail sales grew 14 percent, reaching a record level for Q2.

Q2 GAAP operating income was $53 million compared to $37 million a year ago. Q2 GAAP earnings per share (EPS) from continuing operations were $0.28 compared to $0.18 a year ago.

Q2 non-GAAP operating income was $65 million compared to $47 million a year ago, with non-GAAP EPS of $0.35 compared to $0.25 a year ago.

Q2 cash flow from operations was $74 million compared to $11 million a year ago.

NEWARK, Calif., Oct. 25, 2016 -- Socket Mobile, Inc. (SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported financial results for its 2016 third quarter and nine months ended September 30, 2016.

 

Revenue for the third quarter of 2016 was $5.1 million, an increase of 13 percent compared to revenue of $4.5 million for the same quarter a year ago and a decrease of 2 percent compared to revenue of $5.2 million in the immediately preceding quarter. Net income for the third quarter of 2016 was $669,000, or $0.11 per share, compared to net income of $530,000, or $0.10 per share, in the third quarter of 2015 and net income of $517,000, or $0.09 per share, in the immediately preceding quarter.  On a fully diluted basis, net income per share for the third quarter of 2016 was $0.10 per share compared to net income per share of $0.09 for the same quarter a year ago and $0.07 per share in the immediately preceding quarter. 

NEW YORK -- j2 Global, Inc. and Ziff Davis, LLC, a leading digital media company in the technology, gaming and lifestyle categories, today announced that Ziff Davis has entered into a definitive merger agreement to acquire Everyday Health, Inc. (EVDY), a leading provider of digital health marketing and communications solutions. Under the terms of the agreement, Ziff Davis will acquire Everyday Health for $10.50 per share in cash, representing an approximate enterprise value of $465 million. Ziff Davis comprises the Digital Media Division of j2 Global, Inc.