KongZhong (KZ) Reports Q4 EPS of $0.15

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KongZhong Corporation Reports Fourth Quarter 2015 Unaudited Financial Results

March 24, 2016 6:00 PM EDT

BEIJING, March 24, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading online games publisher and developer in the PRC, today announced its unaudited financial results for the fourth quarter of 2015 and full year 2015.

Fourth Quarter 2015 Financial Highlights

Total revenues for the fourth quarter of 2015 were US$ 42.48mn, exceeding the guidance range of US$ 41mn to US$ 42mn. Total gross profit was US$ 19.02mn, within the guidance range of US$ 19mn to US$ 20mn. Net income was US$ 6.10mn, with... More