Changyou.com (CYOU) Tops Q4 EPS by 10c

Changyou.com (NASDAQ: CYOU) reported Q4 EPS of $0.75, $0.10 better than the analyst estimate of $0.65. Revenue for the quarter came in at $131 million versus the consensus estimate of $132.91 million.

• Total revenues were US$131 million[1], representing a decrease of 19% year-over-year and 4% quarter-over-quarter, exceeding guidance by $1 million.
• Online game revenues were US$95 million, representing a decrease of 25% year-over-year and 3% quarter-over-quarter, in line with the Company's guidance.
• GAAP net income attributable to Changyou.com Limited was US$41 million, or US$0.77 per fully-diluted ADS[2]. This compares with US$38 million, or $0.73 per fully-diluted ADS in the fourth quarter of 2015 and US$39 million, or $0.73 in the third quarter of 2016.
• Non-GAAP[3] net income attributable to Changyou.com Limited was US$40 million, exceeding the Company's guidance by US$5 million. This compares with US$46 million in the fourth quarter of 2015 and US$46 million in the third quarter of 2016.
• Non-GAAP net income attributable to Changyou.com Limited per fully-diluted ADS was US$0.75. This compares with US$0.85 in the fourth quarter of 2015 and US$0.85 in the third quarter of 2016.

For earnings history and earnings-related data on Changyou.com (CYOU) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
• SanDisk upgraded at JPMorgan after investor day; shares climb