Newsletter: State Digital second-quarter results less than expected

Beijing time August 28 Morning News, State Digital (Nasdaq:gomo) today announced the end of the 2014 fiscal year as at June 30, the second quarter and the full year earnings. According to the report, state's total revenue in the second quarter was 100.1 million yuan (about 16.1 million U.S. dollars), a 25.2% increase from 80 million yuan in the same period last year, and a net profit of 6.6 million yuan (about 1.1 million US dollars), down 22 million from the same period last year.

According to Yahoo Finance summary data, 4 Analysts average estimates, not according to the United States General Accounting Standards (NON-GAAP), state digital in the second quarter of each share of U.S. depository receipts, diluted earnings of 0.14 U.S. dollars. Earnings showed that state's second-quarter revenue was diluted to $0.09 per ADS, less than analysts had expected.

In addition, 4 analysts average estimates, state digital second-quarter revenue of 16.7 million U.S. dollars. Earnings showed that state's second-quarter revenue was 16.1 million dollars, less than analysts had expected. (Tangfeng)