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The9 Limited 3Q profit falls as revenue rises 35%
The9 Limited on Thursday announced financial results for the third quarter, posting net income of US$5.1 million or US$0.17 per share, lower than US$8.6 million or US$0.35 per share in the prior year quarter. On average, eight analysts polled by First Call/Thomson Financial expected the company to report earnings of US$0.21 per share.
Quarterly revenues grew to US$42.2 million from US$31.1 million in the previous year quarter. Six Wall Street analysts expected revenues of US$40.59 million.
http://www.tradingmarkets.com/.site/news/BREAKING%20NEWS/832273/
The9 Limited on Thursday announced financial results for the third quarter, posting net income of US$5.1 million or US$0.17 per share, lower than US$8.6 million or US$0.35 per share in the prior year quarter. On average, eight analysts polled by First Call/Thomson Financial expected the company to report earnings of US$0.21 per share.
Quarterly revenues grew to US$42.2 million from US$31.1 million in the previous year quarter. Six Wall Street analysts expected revenues of US$40.59 million.
http://www.tradingmarkets.com/.site/news/BREAKING%20NEWS/832273/
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