Sky-mobi Limited (MOBI) Reports Q4 EPS of RMB0.02

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Go back to Sky-mobi Limited (MOBI) Reports Q4 EPS of RMB0.02

Sky-mobi Limited Announces Unaudited Financial Results for the Fiscal Fourth Quarter and Full Fiscal Year 2014

May 27, 2014 6:09 AM EDT

HANGZHOU, China, May 27, 2014 (GLOBE NEWSWIRE) -- Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq: MOBI), a leading mobile application platform in China, today announced its unaudited financial results for the fiscal fourth quarter ended March 31, 2014 ("fourth quarter 2014") and the full fiscal year 2014.

Fourth Quarter 2014 Highlights

Total revenues were RMB128.6 million (US$20.7 million), an increase of 11.6% from RMB115.2 million in the fiscal third quarter ended December 31, 2013 ("third quarter 2014").   Revenues from smartphones increased 34.8% quarter-over-quarter to RMB87.5 million (US$14.1 million), or 68.1% of total revenues, up from RMB64.9 million, or... More