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Stock Market & Financial Investment News

News Breaks
March 25, 2014
16:05 EDTGOMOSungy Mobile reports Q4 adj. EPS 12c, consensus 9c
Reports Q4 revenue $16.3M, consensus $15.80M.
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March 18, 2015
16:09 EDTGOMOSungy Mobile sees Q1 revenue RMB42M-RMB46M
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16:09 EDTGOMOSungy Mobile reports Q4 adjusted EPADS (23c), consensus 0c
Reports Q4 revenue $12.1M, consensus $12.58M. Total average monthly active users of GO series products increased by 18.3% year over year to 111M in Q4 from 94M in the prior year period. "Our temporarily shift in focus from monetization to marketing and product development resulted in an expected slowdown in revenue as we realign our strategy towards strengthening and expanding our user base and portfolio of products. We believe that these initiatives have begun to take hold but will require some time before bearing fruit, said CEO Yuqiang Deng.

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