and letter hypermedia revenue 44.4 million dollars a quarter to reach the expected
Source: Internet
Author: User
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Digging the Bay Network June 10 News and Letter Hypermedia (Nasdaqcm:giga) 9th released the first quarter of 2009 results. The first quarter and the letter hypermedia revenue reached 44.4 million U.S. dollars, net profit reached 4.8 million U.S. dollars. The initial earnings per share will reach 0.09 U.S. dollars, diluted by 0.08 dollars per share. First-quarter results were affected by the global recession and the continued weakness of the euro to the dollar. In the first quarter of 2009, after the initial earnings and diluted earnings of non-US GAAP were 0.11 U.S. dollars and 0.10 U.S. dollars respectively, excluding the termination of business and Non-cash stock compensation costs. The company also announced a final round of negotiations involving potential strategic partnerships in poker and casino software business or sales, but did not disclose more details. "In the first quarter, Everest was hit by a bigger macroeconomic slump than we expected and a weaker euro," said Arthur Wang, chief executive of the media, "we have developed a business plan to reduce costs and improve efficiency to protect fiscal strength, and plan to revert to a more streamlined, Tougher growth groups. "The good news is that we think this recession has bottomed out and we will see a strong revival in Europe in the second half of the year." In Asia, it will be our best year, with strong growth strength. "Wang Minxiang said. "We still believe in our strategic position in the poker and gaming software business and are happy to see new games in the Asian market," he said. "Our core business is still healthy and able to sustain strong growth over the long term," said Thomas Hui, the company's president and chief operating officer. "(Peng Exhibition) The main performance of poker and gaming software revenue of 31.7 million U.S. dollars, in line with market expectations; active and stable poker users this quarter remained stable, with the last quarter flat, the new game players slightly increased, Asian online gaming revenue reached 12.7 million U.S. dollars, the chain growth of 33%; During the play Valley (Funtown) and Day Tour (T2CN) income rose 27% and 43% respectively in the last quarter; business focus and Development Everest Poker sponsored the Spanish Poker tournament, Asia network gaming platform-Drama Valley began in Hong Kong and Taiwan new MMORPG game Hammer online; Asia online gaming platform-day tour begins to test one of Asia's most successful Games Luna Online, which is scheduled to be launched in the summer of 2009.
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