nike jordan heels a decline of 3 percent

SAN FRANCISCO, April 25, noon, tour (Nasdaq: CYOU) today announced as of March 31, 2011 unaudited first-quarter earnings.
2011 first quarter
revenues reached 9,nike jordan heels,710 million U.S. dollars, growth of 6%,griffey shoes 2011, an increase of 35%,nike heels, exceeding company guidance forecast maximum $ 2.1 million.
net profit of 5,280 million, or per American Depositary (ADS) 1 Diluted earnings per $ 0.99. Net profit growth of 11 percent, an increase of 33%.
non-US GAAP accounting net income (ie excluding equity based compensation expense) reached a record 54.6 million, or diluted net income per American Depositary Receipt $ 1.02, exceeding the upper limit of the companys guidance forecasts $ 3.6 million. Non-US GAAP net income growth of 10%, an increase of 28%.
s game up to a total of 116.5 million registered accounts, growth of 5%, an increase of 33%.
s game total number of active paying accounts up to 2.88 million, growth of 7%, an increase of 21%.
2011 first quarter operating results
As of March 31, 2011, the company registered the games total number of accounts reached 116.5 million, growth of 5%, an increase of 33%.
s game total peak concurrent users (PCU) of 100 million, a decline of 3 percent, an increase of 10%.
s game total number of active paying accounts (APA) up to 2.88 million, growth of 7%, an increase of 21%.
s game, the average contribution per active paying quarterly revenue (ARPU) was 210 yuan,womens jordan heels, a decline of 4 percent, an increase of 4%. This company wants to maintain a reasonable level of ARPU-minded, to ensure the companys games in China, most gamers can afford spending power range.
2011 first quarter unaudited financial statements
income
2011 first quarter revenues reached 9,710 million U.S. dollars,nike air max jr 2011 the domestic A-share market, growth of 6%, an increase of 35%.
2011 in the first quarter of the total online game revenues for the 9,490 million U.S. dollars, growth of 3 percent, an increase of 32%. Total online game revenues, including online games and online games operating income of income of overseas agents.
2011 first quarter operating income of 9,290 online games million U.S. dollars, up 4%,kids hats, an increase of 32%. Chain and an increase was mainly due to the "Dragon" players in the country continued to be welcomed.
2011 first quarter online game revenues overseas agent of $ 2.0 million,air griffey max, a decrease of 10%,air griffey max gd 2, an increase of 7%. Sequential decrease was mainly due to foreign competition in the market is relatively mature games are more intense. An increase is mainly the first quarter of 2011 benefited from the "Dragon" in Vietnam and Thailand growth.
2011 other income in the first quarter of $ 2.2 million, reflecting the tours wholly owned subsidiary of Shanghai Jing Mao Culture Communication Co., Ltd. and its affiliated companies ("Jing-mao"),cheap caps, before the impact of advertising revenue. Jing Maos financial statements from February 1, 2011 from the merger to swim in the financial statements.
gross margin
2011 Gross profit in the first quarter of 8,550 million U.S. dollars, grew 3%, an increase of 28%. 2011 first quarter non-US GAAP gross profit of 85.6 million U.S. dollars, up 3%, an increase of 28%. The first quarter of 2011,www.nikehighheelsuk.com, the U.S. GAAP and non-US GAAP gross margins were 88%. Fourth quarter of 2010 was 90%, first quarter of 2010 was 93%. Gross margin decline was primarily the financial statements from Jingmao February 1, 2011 from the merger to swim in the financial statements, in which the shadow of its former advertising profit margins low.
2011 first quarter U.S. GAAP and non-US GAAP Gross profit online games are $ 86 million, growth of 4%, an increase of 29%. The first quarter of 2011, the U.S. GAAP and non-US GAAP gross margin business, online games are 91%. Fourth quarter of 2010 was 90%, first quarter of 2010 was 93%. The first quarter of 2011, the U.S. GAAP and non-US GAAP gross loss of other business $ 400,000.
operating expenses
2011 first quarter operating expenses totaled $ 25 million, a decrease of 9%, an increase of 17%. Non-US GAAP operating expenses totaled $ 23.2 million, a decrease of 9%, an increase of 26%.
U.S. GAAP product development costs U.S. $ 10.7 million, a decrease of 18%, an increase of 55%. Non-US GAAP product development costs U.S. $ 10 million, a decrease of 17%,hot pink heels Meanwhile, an increase of 83%. U.S. GAAP and non-US GAAP chain to reduce development expenses was mainly due to the fourth quarter of 2010 games copyright agent the costs incurred. U.S. GAAP and non-US GAAP development costs up by Zhang is mainly the first quarter of 2011, employee compensation and benefits expenses.
U.S. GAAP sales and marketing expenses of $ 8.7 million,nike high heels, a decrease of 12%, down 10%. Non-US GAAP sales and marketing expenses $ 8.5 million, a decrease of 13%, down 11%. U.S. GAAP and non-US GAAP cost of sales and marketing chain and down mainly due to the company to focus on preparing the new game "Deer" marketing and advertising to reduce operating costs in the game.
U.S. GAAP administrative expenses $ 5.5 million,griffey 1, growth of 23%, an increase of 16%. Management of non-US GAAP cost of $ 4.8 million, growth of 28 percent,kids griffey, an increase of 37%. U.S. GAAP and non-US GAAP administrative expenses was mainly due to growth of the first quarter of 2011,jordan high heels, an increase in consulting fees. U.S. GAAP and non-US GAAP administrative expenses increased primarily due to the first quarter of 2011, employee compensation and benefits expenses.
operating profit
2011 first quarter operating profit of 60.5 million U.S. dollars, up 9%, an increase of 34%. 2011 first quarter operating margin was 62%, 60% higher than the previous quarter, first quarter of 2010 was 63%. 2011 first quarter non-US GAAP operating profit of 62.3 million U.S. dollars, up 9%, an increase of 29%. 2011 first quarter non-US GAAP operating margin was 64% higher than the fourth quarter of 2010, 62% first quarter of 2010 was 67%.
net
2011 first quarter net profit of 52.8 million U.S. dollars, up 11 percent,lebron james shoes, an increase of 33%. Non-US GAAP net income of $ 54.6 million U.S. dollars, up 10 percent, an increase of 28%. Diluted net income per American Depositary Share for $ 0.99, higher than the fourth quarter of 2010 and $ 0.90 the first quarter of 2010 to 0.75 dollars. Non-US GAAP diluted net income per American Depositary Share is $ 1.02 higher than the fourth quarter of 2010 and $ 0.93 first quarter of 2010 of $ 0.80. 2011 first quarter net profit was 54% higher than the fourth quarter of 2010, 52% first quarter of 2010 was 55%. The first quarter of 2011 non-US GAAP net income was 56% higher than the fourth quarter of 2010, 54% first quarter of 2010 was 59%.
cash balances
As of March 31, 2011, surf the net cash of $ 406.5 million, higher than at December 31, 2010 of $ 351 million. 2011 first quarter operating cash flow was a net inflow of 58.9 million.
other latest
swim a majority stake in M ??& Seventh Avenue
2011 Nian 4 22, M & A agreement swim Technology Co., Ltd. Shenzhen, Seventh Avenue and its affiliated companies ("Seventh Avenue") 68.258% stake. Transaction price, including 6,826 ten thousand U.S. dollars in cash for a fixed price and a maximum of 3,276 million U.S. dollars of extra cash floating price. The extra cash floating price will be based on the Seventh Avenue as of December 31, 2012 agreement in the two year performance objectives agreed to conduct periodic payments. Seventh Avenue is a web game developer, and its self-developed game "Bouncing Church" is the most popular multiplayer online shooter game one of the web. The acquisition will further diversify the companys products and processes for the company to introduce outstanding R & D team. Obtain the relevant approval of the acquisition agreement and complete the required prerequisites, expected to be June 30, 2011 to complete.
Business Outlook
forecast does not include the following acquisition of Seventh Avenue.
for the second quarter of 2011,air griffey max 1, tour is expected to:
estimated total income of $ 97 from 10 thousand to 100 million U.S. dollars between. Among them, the expected online game revenue in $ 95 million to $ 97 million.
expected non-US GAAP net income in the $ 4,900 to between $ 50.5 million.
expected non-US GAAP diluted net income per American Depositary Share in between 0.92 to 0.95 U.S. dollars.
assumption is no longer grant new equity incentives, equity-based incentives is expected to cost 1 to 1.5 million U.S. dollars between diluted net income per American Depositary Share will therefore reduce the .02 to 0.03 U.S. dollars.
Conference Call Information
management team will tour the United States Eastern time at 7:00 on April 25, 2011 (Beijing / Hong Kong time the evening of 25 April 2011 7) held a conference call to discuss 2011 first quarter results.
results conference call telephone access as follows: U.S. dial-in number: +1-866-271-6130 Hong Kong dial-in number: +852-3002-1672 International access number: +1-617-213-8894 Access Password: CYOU.
conference call beginning at 10 minutes prior to call the above phone number to attend meetings, make phone password required.
conference call replay will be held after the meeting, U.S. Eastern Time at 10:00 on April 25 after opening, until May 2, 2011, listen to numbers: International access number: +1-617-801- 6888 Password: 73551028.
same time, the tour companys Web site http://www.changyou.com/ir/ The conference call will be broadcast live,griffey sneakers, can access this site after listening to the conference call recording.