KongZhong (KONG) Tops Q2 EPS by 2c, Guides Above for Q3 Revenues
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KongZhong (Nasdaq: KONG) reports Q2 EPS of $0.03, 2 cents better than the analyst estimate of $0.01. Revenues for the quarter were $23.52 million, versus the consensus of $22.58 million.
Based on information available on August 15, 2008, the Company expects total revenues for the third quarter of 2008 to be between $23.5 million and $24.5 million. (Consensus is $23.03 million)
KongZhong Corporation and its subsidiaries provide wireless interactive entertainment, media, community, and mobile advertising services through its wireless Internet sites to mobile phone users in the People's Republic of China.
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