Taomee Holdings (TAOM) Tops Q2 EPS by 5c

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Taomee Reports Second Quarter 2015 Unaudited Financial Results

August 26, 2015 6:25 AM EDT

SHANGHAI, Aug. 26, 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 second quarter of 2015.

Highlights of the Second Quarter of 2015

Total net revenues were US$8.7 million in the second quarter of 2015, a decrease of 3.6% from US$9.0 million in the first quarter of 2015 and a decrease of 17.6% from US$10.5 million in the second quarter of 2014. This result hit the high end of management's... More