Did you know you can earn CLchips to spend in our shop just by posting in our forums?
0

CLchips are our way of rewarding you for contributing to our community by making comments and posts, participating in competitions and more.

Register Now

→ How to earn CLchips
→ Check out our shop
$ € £

We detect your country to filter casinos that are not available to players where you live, and we display bonuses and jackpots in your preferred currency where possible.

→ Change your preferences

Cryptologic Releases Positive Third Quarter Results

10 November 2011 by

Online gambling software designer CryptoLogic Limited has released its third quarter financial results, with numbers showing improvement for the company.

Key financial indicators for the third quarter included:

  • Total revenue increased to $7.2 million (Q2,2011: $7.0 million)
  • Total expenses reduced to $5.9 million (Q2,2011: $6.5 million)
  • Income before tax increased to $1.3 million (Q2,2011: $0.5 million)
  • Revenue from hosted casinos rose to $6.5 million (Q2,2011: $5.7 million)
  • Branded game revenues dropped to $1.4 million (Q2,2011: 2.1 million)
  • Poker revenues rose to $300,000 (Q2,2011 $200,000)
  • Operating expenses were lowered to $4.5 million (Q2,2011 $4.5 million)
  • Cash on hand equaled $15.2 million, up from $12.0 million on June, 30th
Share this