– Jamdat Mobile Inc.
, a wireless entertainment content publisher, reported net income of $2.6 million (11 cents per diluted share) for the second quarter ended June 30, compared with $423,000 (9 cents) for the like period a year ago. Revenues rose to $19.3 million from $8.4 million in the year-ago period.
Second-quarter net income included a $2.6 million research and development charge related to the company’s acquisition of Blue Lava and a $1.7 million tax benefit related to deferred tax assets. Excluding the charge and benefit, Jamdat reported net income $7.2 million (30 cents per diluted share), compared with $1.3 million (26 cents) for the like period a year ago.
The company expects third-quarter earnings of 4 cents to 6 cents per diluted share on revenues of $20 million to $21 million. For the full year, Jamdat reaffirmed its earnings forecast of approximately 42 cents per diluted share on revenues of about $80 million.
– Image Entertainment Inc.
, a Chatsworth-based home entertainment company, reported a net loss of $1.7 million (8 cents per diluted share) for the first quarter ended June 30, compared with income of $890,000 (5 cents) for the like period a year ago. Revenues fell to $18.6 million from $26.5 million in the year-ago period.
The company expects second-quarter revenues of $24 million to $26 million and full-year revenues of between $115 million and $120 million.
– Mossimo Inc.
, a Santa Monica-based designer and licensor of apparel, reported net income of $2.2 million (14 cents per diluted share) for the second quarter ended June 30, compared with $1 million (6 cents) for the like period a year ago. Revenues rose to $9 million from $6.2 million in the year-ago period.
– Sport Chalet Inc.
, a La Canada-based sporting goods retailer, reported net income of $389,344 (6 cents per diluted share) for the first quarter ended June 30, compared with $136,829 (2 cents) for the like period a year ago. Revenues rose 17.2 percent to $72.2 million from $61.6 million in the year-ago period.
– LJ International Inc.
, a Hong Kong-based jewelry maker with U.S. headquarters in Walnut, reported net income of $303,000 (2 cents per diluted share) for the second quarter ended June 30, compared with $474,000 (4 cents) for the like period a year ago. Revenues rose to $19.1 million from $16.3 million in the year-ago period.
The company expects third-quarter earnings of 9 cents to 10 cents per diluted share on revenues of $23 million to $24 million.
– Superior Galleries Inc.
, a Beverly Hills-based retailer and wholesaler of rare coins, reported a net loss of $408,000 (9 cents per diluted share) for the fourth quarter ended June 30, compared with income of $357,000 (4 cents) for the like period a year ago. Revenues rose 8 percent to $10.2 million from $9.5 million in the year-ago period.
– Point.360
, a Burbank-based video and film asset management services company, reported a net loss of $268,000 (3 cents per diluted share) for the second quarter ended June 30, compared with income of $73,000 (1 cent) for the like period a year ago. Revenues rose to $15.9 million from $13.9 million in the year-ago period.
Excluding the effects of the company’s July 2004 acquisition of International Video Conversions, Inc., Point.360 reported a net loss of $514,000 (5 cents per diluted share) for the second quarter and revenue of $12.8 million. The year-earlier second-quarter results were not affected.
– Chad Therapeutics, Inc.
, a Chatsworth-based developer of respiratory care devices, reported a net loss of $42,000 (breakeven) for the first quarter ended June 30, compared with income of $262,000 (2 cents per diluted share) for the like period a year ago. Revenues declined to $5.9 million from $6.1 million in the year-ago period.
