KongZhong (KZ) Reports Q2 EPS of $0.12

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KongZhong Corporation Reports Second Quarter 2015 Unaudited Financial Results

August 17, 2015 6:00 PM EDT

BEIJING, Aug. 17, 2015 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading online games publisher and developer in the PRC, today announced its unaudited financial results for the second quarter of 2015.

Second Quarter 2015 Financial Highlights

Total revenues for the second quarter of 2015 were US$ 47.55 mn. Total gross loss was US$15.29 mn but total gross profit, excluding the effect of US$ 35.21 mn impairment loss on intangible assets related to the full carrying value of licensing arrangement for Guild Wars 2,... More