Changyou.com (CYOU) Tops Q4 EPS by 10c
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Changyou Reports Fourth Quarter 2016 and Fiscal Year 2016 Unaudited Financial Results
February 21, 2017 12:28 AM ESTBEIJING, Feb. 21, 2017 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2016.
Fourth Quarter 2016 Highlights
Total revenues were US$131 million[1], representing a decrease of 19% year-over-year and 4% quarter-over-quarter, exceeding guidance by $1 million. Online game revenues were US$95 million, representing a decrease of 25% year-over-year and 3% quarter-over-quarter, in line with the... More