KongZhong Corp. (KONG) Tops Q3 EPS by 5c; Approves $20M Buyback; Guides Q4
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KongZhong Corp. (NASDAQ: KONG) reported Q3 EPS of $0.21, $0.05 better than the analyst estimate of $0.16. Revenue for the quarter came in at $49.91 million versus the consensus estimate of $50.52 million.
The Board of Directors has authorized the Company to repurchase up to US$ 20 million worth of the Company's American Depositary Shares (ADSs).
KongZhong Corp. sees Q4 2012 revenue of $43-44 million, versus the consensus of $51.90 million.
For earnings history and earnings-related data on KongZhong Corp. (KONG) click here.
The Board of Directors has authorized the Company to repurchase up to US$ 20 million worth of the Company's American Depositary Shares (ADSs).
KongZhong Corp. sees Q4 2012 revenue of $43-44 million, versus the consensus of $51.90 million.
For earnings history and earnings-related data on KongZhong Corp. (KONG) click here.
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