Giant network gains 8% after second-quarter results

Sina Science and technology news Beijing time of August 9, the giant network (NYSE:GA.shtml "target=" _blank ">ga) Monday released the unaudited second quarter as of June 30, 2011 financial report. Financial results show that the giant network NON-GAAP net profit and earnings per share exceeded market expectations.　　Affected by earnings, giant network after the stock price rose 8.32%.　　Giant network second-quarter earnings showed that the giant network in the second quarter revenue of 436.2 million yuan (about 67.5 million U.S. dollars), the chain growth of 8.2%, year-on-year growth of 35.6%, net profit of 10.2 million yuan (about 1.6 million U.S. dollars).　　Giant network The Board also passes a special cash dividend plan of $3.00 per share to exceed market expectations for earnings per share other than one-time advance income tax and non-cash option costs. Giant networks expect other revenues to decline in the third quarter of 2011.　　But in view of the continued growth trend of Journey 2, the company is expected to continue to grow in the third quarter of 2011. The giant's internet share price fell 1.17% in regular trading in the NYSE in Monday, at $7.57. In subsequent intraday trading, the giant's network rose 0.63 U.S. dollars, or 8.32%, to 8.20 dollars. In the past 52 weeks, the giant network's lowest share price was $6.03, with a maximum of 9.45 dollars. (Feiyu)