Friday, March 6, 2009

Hurray for Hurray! in 2008?

Pocketgamer is reporting that Chinese mobile content everything company (games, personalization, music, video, etc.) Hurray! Holdings (HRAY) reported Q4 and full year 2008 earnings.

2008 Rev = $54mil (down from $60.5 in 2007)
2008 Net Loss = $12mil (compared to a loss of $42mil in 2007)

The company reported growth in the mobile music category and according to PocketGamer, "Hurray! says that its Brotherhood of Soldiers game was the top download on China Mobile's game portal throughout Q4, and that the company plans to launch five new games in Q1 of this year."

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