Youku Tudou (YOKU) Misses Q3 EPS by 4c
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Youku Tudou Announces Third Quarter 2015 Unaudited Financial Results
November 19, 2015 7:00 PM ESTBEIJING, Nov. 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 third quarter 2015.
Third Quarter 2015 Highlights1
Net revenues were RMB1.85 billion (US$291.8 million), a 62% increase from the corresponding period in 20142. Non-GAAP3 net revenues were RMB1.70 billion (US$267.6 million) in the third quarter of 2015, a 54% increase from the corresponding period in 2014. Gross profit was RMB311.5 million (US$49.0 million), a 36% increase... More