Mad Catz Interactive Inc. announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported net sales of $38,918,000 compared to $22,467,000 a year ago. Operating income was $859,000 compared to operating loss of $424,000 a year ago. Loss before income taxes was $520,000 compared to $901,000 a year ago. Net loss was $1,611,000 or $0.02 per basic and diluted share compared to $922,000 or $0.01 per basic and diluted share a year ago. Adjusted EBITDA was $1,391,000 compared to adjusted LBITDA of $111,000 a year ago.

For the six months, the company reported net sales of $51,892,000 compared to $39,214,000 a year ago. Operating loss was $2,903,000 compared to $1,555,000 a year ago. Loss before income taxes was $4,512,000 compared to $2,163,000 a year ago. Net loss was $5,576,000 or $0.08 per basic and diluted share compared to $2,167,000 or $0.03 per basic and diluted share a year ago. Net cash used in operating activities was $7,701,000 compared to $3,738,000 a year ago. Purchases of property and equipment were $1,245,000 compared to $686,000 a year ago. Purchases of intangible assets were $25,000. Adjusted LBITDA was $1,674,000 compared to $557,000 a year ago.