Changyou.com (CYOU) Declares $9.40/ADS Special Dividend; 55.3% Yield
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Changyou.com (CYOU) Tops Q1 EPS by 18c, Revenues Beat; Affirms 2Q Revenue Guidance Above Consensus, Offers 2Q EPS Outlook
April 29, 2019 5:48 AM EDTChangyou.com (NASDAQ: CYOU) reported Q1 EPS of $0.69, $0.18 better than the analyst estimate of $0.51. Revenue for the quarter came in at $123 million versus the consensus estimate of $115.85 million.
Total revenue was US$123 million, a decrease of 10% year-over-year and an increase of 5% quarter-over-quarter, exceeding the Company's guidance.Online game revenue was US$99 million, a decrease of 6% year-over-year and an increase of 5% quarter-over-quarter, exceeding the Company's guidance.GAAP net income attributable to Changyou.com Limited was US$37 million, compared with a net loss of US$13 million[1] in the first quarter... More