Changyou Reports Second Quarter 2019 Unaudited Financial Results
BEIJING, Aug. 5, 2019 /PRNewswire/ --Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator in China, today announced its unaudited financial results for the second quarter ended June 30, 2019.
- BEIJING, Aug. 5, 2019 /PRNewswire/ --Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator in China, today announced its unaudited financial results for the second quarter ended June 30, 2019.
- Mr. Yaobin Wang, CFO of Changyou, added, "In the second quarter of 2019, our online game revenue exceeded expectations.
- GAAP and non-GAAP gross margin were both 68%, compared with 66% in the second quarter of 2018, and 71% in the first quarter of 2019.
- Other income was US$2 million, compared with US$5 million in the second quarter of 2018 and US$4 million in the first quarter of 2019.