Perfect World raises Q2 guidance (PWRD) (I own some NCTY. js)21.89 : Co sees Q2 revs of RMB333-348 mln, up 10-15% q/q, compared to previous guidance of up 0-5% q/q, vs RMB305.65 consensus. Co is able to raise guidance due to stronger than expected results from the launch of new expansion packs in the domestic market and favorable results from recent marketing campaigns. "Our second quarter is tracking well and we believe our results will come in ahead of our previous expectations. Our powerful technology is allowing us to not only accelerate the game development cycle, but also the roll out of expansion packs that are designed to cater to changing customer preferences and market trends. Continued expansion and diversification of our game portfolio combined with our powerful game development platform and strong operation platform have helped us maintain our rapid pace of growth. We continue to effectively execute our growth strategies in an effort to deliver strong results and maximize shareholder value."
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