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Changyou Reports Second Quarter 2017 Unaudited Financial Results

July 31, 2017 1:30 AM EDT

BEIJING, July 31, 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 second quarter 2017.

Second Quarter 2017 Highlights

Total revenue was US$150 million1, representing an increase of 16% year-over-year and 25% quarter-over-quarter, meeting the top end of the Company's updated guidance. Online game revenue was US$122 million, representing an increase of 23% year-over-year and 43% quarter-over-quarter, exceeding the Company's updated guidance. GAAP... More