Youku Tudou (YOKU) Tops Q2 EPS by 40c

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Go back to Youku Tudou (YOKU) Tops Q2 EPS by 40c

Youku Tudou Announces Second Quarter 2015 Unaudited Financial Results

August 19, 2015 6:00 PM EDT

BEIJING, Aug. 19, 2015 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), a leading multi-screen entertainment and media company in China ("Youku Tudou" or the "Company"), today announced its unaudited financial results for the second quarter 2015.

Second Quarter 2015 Highlights[1] 

Net revenues were RMB1.61 billion (US$259.6 million), a 57% increase from the corresponding period in 2014[2]. Non-GAAP[3] net revenues were RMB1.51 billion (US$244.3 million) in the second quarter of 2015, a 58% increase from the corresponding period in 2014. Gross profit was RMB254.1 million (US$41.0 million), an 11% increase from the... More