Creative posts net loss of US$2.66m in Q4
Creative Technology recorded a net loss of US$2.66 million in the financial fourth quarter ending June 30, which was 22 per cent less than the US$3.38 million it posted one year ago. Revenue for the quarter was down 8 per cent to US$21.16 million from US$23.05 million, one year ago.
Net loss for the full year was US$33.39 million which was 53 per cent higher compared to a net loss of US$21.77 million in fiscal 2014. This came on the back of a 14 per cent decrease in full year revenue to US$99.48 million from US$116.33 million one year ago.
Loss attributable to shareholders of the company was 4 US cents per share in the fourth quarter of fiscal 2015 compared to 5 US cents one year ago. For full year fiscal 2015 the loss per share was 47 US cents compared to 31 US cents one year ago.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BNP Paribas beats estimates as lower costs offset trading slump
TikTok ultimatum puts US firms in firing line for China response
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand