Sina Science and technology news Beijing time of September 2 night, CDC (Nasdaq:china) today released the June 30 of the first half of the 2011 financial year results. Based on non-US GAAP, CDC's first-half revenue was $159.3 million trillion, compared with $159 million a year earlier. The Adjusted EBITDA (profit before interest, tax, depreciation and amortization) was USD 3.8 million, compared with $17.1 million in the same period last year. The adjusted EBITDA decline was mainly due to the increase in research and development, sales, marketing and litigation costs. EBITDA in the next few quarters is expected to continue to be affected by the associated cost increases. As of June 30, 2011, the CDC had 91.8 million dollars in cash and cash equivalents, based on non-US GAAP. The following is a summary of the CDC's core assets: The CDC software was based on non-US GAAP for six months, with a revenue of $109.1 million trillion, compared with $105.7 million a year earlier. The adjusted EBITDA was $10.8 million trillion, compared with $21.4 million a year earlier. The adjusted EBITDA profit margin was 3%, compared with 12% a year earlier. Among them, application software sales of 28.7 million U.S. dollars, and the same period of 21.7 million U.S. dollars a year ago. The total contract value earned (STCV, that is, all of the earned SaaS contracts) was $13.6 million, compared with $5 million a year earlier. The first half of CDC global Services was based on U.S. GAAP, with a revenue of $31.1 million trillion, compared with $32.2 million a year earlier. The adjusted EBITDA is 1.4 million dollars. The adjusted EBITDA profit margin was 4%. New media (including CDC games and china.com) first-half performance CDC games first-half results were based on U.S. general accounting standards, with a revenue of USD 11 million, compared with $15.1 million a year earlier. The adjusted EBITDA was $1.8 million trillion, compared with $1.7 million a year earlier. The adjusted EBITDA profit margin was 16%, compared with 11% a year earlier. China.com's first-half earnings were $8 million trillion, compared with $6 million a year earlier. Management changes have previously been announced, CDC software CEO Yeckyon temporary leave, Chairman John Klauf (John Clough) as the company's interim CEO. Stock buybacks from January 2009 to June 30, 2011, the CDC bought up 918,637 shares in the average price of $3.85. (Li Ming) share:
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