Taomee Holdings (TAOM) Misses Q3 EPS by 4c

Taomee Holdings (NYSE: TAOM) reported Q3 EPS of $0.00, $0.04 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $10.3 million versus the consensus estimate of $16.16 million.

Key Operating Metrics

- The number of active accounts ("ACA") for the Company's virtual worlds under operation in mainland China was approximately 43.5 million in the third quarter of 2015, an increase of 26.8% from 34.3 million in the second quarter of 2015 and a decrease of 26.8% from 59.4 million in the third quarter of 2014.

- Active paying accounts ("APA") for the Company's virtual worlds under operation in mainland China were 0.8 million in the third quarter of 2015, an increase of 60.0% from 0.5 million in the second quarter of 2015, and a decrease of 33.3% from 1.2 million in the third quarter of 2014.

- Average revenue per user ("ARPU") for the Company's virtual worlds under operation in mainland China was approximately RMB54 in the third quarter of 2015, a decrease of 35.7% as compared with RMB84 in the second quarter of 2015 and an increase of 25.6% from RMB43 in the third quarter of 2014.

- The number of downloads of the mobile applications operated by the Company was approximately 1.9 million in the third quarter of 2015, an increase of 58.3% from 1.2 million in the second quarter of 2015 and a decrease of 53.7% from 4.1 million in the third quarter of 2014.

For earnings history and earnings-related data on Taomee Holdings (TAOM) click here.

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