Taomee Holdings (TAOM) Misses Q3 EPS by 4c

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Taomee Reports Third Quarter 2015 Unaudited Financial Results

November 19, 2015 6:00 AM EST

SHANGHAI, Nov. 19, 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 third quarter of 2015.

Highlights of the Third Quarter of 2015

Total net revenues were US$10.3 million in the third quarter of 2015, an increase of 18.4% from US$8.7 million in the second quarter of 2015 and a decrease of 16.7% from US$12.3 million in the third quarter of 2014. Net revenues from PC business were US$6.5 million in... More