Huuuge, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 22, 2022 at 11:51 am EST
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Huuuge, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 77.52 million compared to USD 92 million a year ago. Net income was USD 15.3 million compared to USD 7.38 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.16 a year ago.
For the nine months, sales was USD 240.95 million compared to USD 285.23 million a year ago. Net income was USD 32.86 million compared to net loss of USD 21.06 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to basic loss per share from continuing operations of USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to diluted loss per share from continuing operations of USD 0.27 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.
HUUUGE, INC. 
