China Mobile Games (CMGE) Tops Q4 EPS by 5c

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CMGE Reports Fourth Quarter and Full Year 2014 Unaudited Financial Results

March 26, 2015 7:45 AM EDT

HONG KONG, March 26, 2015 (GLOBE NEWSWIRE) -- China Mobile Games and Entertainment Group Limited ("We," "CMGE" or the "Company") (Nasdaq: CMGE), the largest publisher and a leading developer of mobile games in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2014.

Fourth Quarter 2014 Financial Highlights

Revenues were RMB417.8 million (US$67.3 million1), compared with RMB146.4 million in the fourth quarter of 2013 and RMB357.6 million in the third quarter of 2014, and exceeded guidance for the quarter of RMB380.0 million by about 10%. Revenues were 185.4% higher year-over-year and 16.8%... More