KongZhong Corporation (KONG) Tops Q3 EPS by 1c, Offers Q4 Guidance
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KongZhong Corporation (NASDAQ: KONG) reported Q3 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $39.98 million versus the consensus estimate of $38.9 million.
KongZhong Corporation sees Q4 2011 gross profit to be within the range of $15-$16 million, total operating profit to be $3-$4 million, net profit to be $3-$4 million, and Non-GAAP net profit is expected to be $5-$6 million. KongZhong Corporation sees Q4 2011 revenue of $39-$40 million, versus the consensus of $36 million.
KongZhong Corporation sees Q4 2011 gross profit to be within the range of $15-$16 million, total operating profit to be $3-$4 million, net profit to be $3-$4 million, and Non-GAAP net profit is expected to be $5-$6 million. KongZhong Corporation sees Q4 2011 revenue of $39-$40 million, versus the consensus of $36 million.
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