Changyou Reports First Quarter 2017 Unaudited Financial Results
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Changyou.com (CYOU) Tops Q1 EPS by 5c
April 24, 2017 6:23 AM EDTChangyou.com (NASDAQ: CYOU) reported Q1 EPS of $0.66, $0.05 better than the analyst estimate of $0.61. Revenue for the quarter came in at $120 million versus the consensus estimate of $120.47 million.
Total revenue was US$120 million1, representing a decrease of 8% both year-over-year and quarter-over-quarter, meeting the top end of the Company's guidance.Online game revenue was US$85 million, representing a decrease of 17% year-over-year and 11% quarter-over-quarter, in line with the Company's guidance.GAAP net income attributable to Changyou.com Limited was US$30 million, in line with the Company's guidance. This compares... More