China Mobile Games (CMGE) Tops Q1 EPS by 5c

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CMGE Reports First Quarter 2015 Unaudited Financial Results

June 5, 2015 7:09 AM EDT

HONG KONG, June 5, 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 first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

Revenues were RMB441.8 million (US$71.3 million1), compared with RMB214.7 million in the first quarter of 2014 and RMB417.8 million in the fourth quarter of 2014, and exceeded guidance for the quarter of RMB435.0 million by approximately 1.6%. Revenues were 105.8%... More