VIENNA (dpa-AFX) - Changyou.com Limited (CYOU), a leading online game
developer and operator in China, reported second quarter net income attributable
to company of $45 million, compared to $2 million in the second quarter of 2014.
Net income per...
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Changyou.Com Ltd (NASDAQ: CYOU) and Sohu.com Inc (NASDAQ: SOHU) both reported quarterly results on Monday after market close. On Tuesday, Brean Capital's China Consumer and Internet analyst Fawne Jiang opined on both earnings...
BEIJING (dpa-AFX) - Changyou.com Limited (CYOU), online game developer and
operator in China, reported that its net income attributable to the company for
the first quarter ended March 31, 2015 was US$48 million, compared a net loss of
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Changyou.com (NASDAQ:CYOU) was the online gaming subsidiary of Sohu.com until 23 April 2009 when it went public on the NASDAQ, selling 7.5 million shares at $16.00 per share to raise $120 million in capital.
Because Sohu owns a majority of Changyou (81% of voting rights), Changyou's results are consolidated on Sohu's financial statements.