Huuuge, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 08, 2023 at 12:05 am IST
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Huuuge, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 69.19 million compared to USD 79.43 million a year ago. Net income was USD 21.71 million compared to USD 8.64 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.1 a year ago.
For the six months, sales was USD 140.93 million compared to USD 163.43 million a year ago. Net income was USD 44.1 million compared to USD 17.56 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 0.21 a year ago.
Huuuge, Inc. is engaged in holding activities. The Company is engaged in the development of mobile games in the free-to-play model, distribution, and user acquisition of its own mobile games. The Companyâs products include Huuuge Casino, Billionaire Casino, and Traffic Puzzle. Huuuge Casino offers players over 100 casino slot machines, as well as card games and roulette. Billionaire Casino offers players casino slot machines, as well as card games and roulette. Traffic Puzzle offers different levels in which players assist vehicles such as the police, fire trucks and ambulances to reach their destinations. The Company has operations in the United States, Germany, United Kingdom, Canada, Japan, France, Netherlands, Australia, Poland, Switzerland, Taiwan, Italy, South Africa, Spain, Austria and others. The Companyâs subsidiaries include Huuuge Games Sp. z o.o., Huuuge Global Ltd, Huuuge Publishing Ltd, Huuuge Block Ltd, Double Star Oy, Huuuge UK Ltd and Huuuge Digital Ltd.