Sungy Mobile -9.1% AH on EPS miss, light guidance


While Sungy Mobile's (GOMO) Q1 revenue beat consensus by $300K, EPS missed by $0.04. Also, the company is guiding for Q2 revenue of RMB100M-RMB106M ($16M-$17M), below an $18M consensus.

"Accumulated" GO app users rose to 401M at the end of Q1 from 364M at the end of Q4, but paid app downloads fell by 100K to 500K. Monthly active users rose by 6M to 100M.

Gross margin was 67.2%, down from 75.1% in Q4 and up from 65.6% a year ago. Opex rose 107% Y/Y (exceeding rev. growth of 63%) to $8.7M.

Q1 results, PR

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs