Leapfrog stable in Q2, beats forecasts

Leapfrog's latest second quarter results show a slight increase in losses, but sales on the up.
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Losses grew slightly from $12.2m a year earlier to $12.6 million.

Sales rose to $62.4 million in the quarter, up from sales of $49.4 million a year earlier.

Bill Chiasson, LeapFrog’s CEO and president, said the company “is poised for strong earnings.

According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for a loss of 22 cents per share, on revenue of $60.54 million. The latest figures equate to a loss of 20 cents a share, up from a loss of 19 cents per share in the second quarter of 2009.



Disney up in Q2

Disney?s second quarter results show an increase in both profit and turnover. Disney said net income was $1.13 billion, or 58 c

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