Bona Film Group Limited (BONA) Tops Q2 EPS by 1c, Offers Outlook

Bona Film Group Limited (NASDAQ: BONA) reported Q2 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $44.9 million versus the consensus estimate of $44.1 million.

Business Outlook

Based on current market and operating conditions, the Company expects non-GAAP net income for the third quarter of 2014 to be in the range of US$7.5 million to US$8.0 million.

"Our performance in the second quarter and first half of 2014 confirms the successful implementation of our financial and operational strategy, further strengthening our confidence for continued growth during the remainder of 2014. Each of our business segments is enjoying success and contributing to Bona's overall progress. We have the resources to invest where there's potential for growth and profitability, in order to capture the most promising opportunities. In addition, our strengthened partnership with Fosun Group will further contribute to Bona's efforts in achieving its ambitious strategic goals across all segments," concluded Mr. Yu.

For earnings history and earnings-related data on Bona Film Group Limited (BONA) click here.

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