Majesco Entertainment Co. announced unaudited consolidated earnings results for the fourth quarter and full year ended October 31, 2014. For the quarter, the company's net revenues were $6,283,000 compared to $10,077,000 in the same period a year ago. Operating loss was $3,546,000 against $4,462,000 a year ago. Loss before income taxes was $5,368,000 against $4,580,000 a year ago. Net loss was $5,373,000 against $4,586,000 a year ago. Net loss per diluted share was $0.83 against $0.72 a year ago. Non-GAAP operating loss was $3,034,000 against $4,063,000 a year ago. Non-GAAP net loss was $4,989,000 against $4,187,000 a year ago. Non-GAAP net loss per diluted share was $0.77 against $0.66 a year ago.

For the year, the company reported net revenues of $34,368,000 against $47,267,000 a year ago. Operating loss was $13,333,000 against $12,236,000 a year ago. Loss before income taxes was $16,187,000 against $12,628,000 a year ago. Net loss was $16,197,000 against $12,642,000 a year ago. Net loss per diluted share was $2.52 against $2.13 a year ago. Net cash used in operating activities was $3,509,000 against $4,587,000 a year ago. Purchases of property and equipment were $347,000 against $274,000 a year ago. Non-GAAP operating loss was $11,893,000 against $10,044,000 a year ago. Non-GAAP net loss was $16,044,000 against $10,467,000 a year ago. Non-GAAP net loss per diluted share was $2.50 against $1.76 a year ago.