|Chartwell Technology Inc, one of the main players in the gaming software market, has announced some very healthly figures for this quarter.|
Chartwell has enjoyed a revenue increase of $0.6m to $2.3m compared with the last year’s first quarter, an increase of 38%. Software license fees have returned $1.9m in the quarter ending Jan 31, 2004 which shows a significant increase on the $1.2m from the previous year.
'We have consistently provided earnings over the last five quarters and our continued growth in sustainable recurring license fees gives us the means to accelerate our growth during fiscal 2004', says Don Gleason, Chief Financial Officer. 'We are continuing to expand our portfolio of games and through new delivery channels like mobile we expect to broaden our customer base and drive incremental revenue for the remainder of the year.'