Taomee Holdings (TAOM) Tops Q4 EPS by 5c

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Go back to Taomee Holdings (TAOM) Tops Q4 EPS by 5c

Taomee Reports Fourth Quarter and Fiscal Year 2014 Unaudited Financial Results

March 17, 2015 7:32 AM EDT

SHANGHAI, March 17, 2015 /PRNewswire/ -- Taomee Holdings Limited (NYSE: TAOM) ("Taomee" or the "Company"), a leading children's entertainment and media company in China, today reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014.

Highlights of the Fourth Quarter of 2014

Total net revenues were US$7.6 million in the fourth quarter of 2014, a decrease of 38.4% from US$12.3 million in the third quarter of 2014 and a decrease of 30.5% from US$10.9 million in the fourth quarter of 2013. This result was above the high... More