You On Demand +4.4% AH after Q2 report, guidance reiteration

|By:, SA News Editor

Though its 1H14 revenue only totaled $320.4K, You On Demand (NASDAQ:YOD) is maintaining guidance for full-year revenue of $3M.

Q2 cost of revenue was $857.2K, or over 4x revenue of $182.7K. SG&A spend rose 10% Y/Y to $2.27M.

The Chinese VOD service provider ended Q2 with $15.7M in cash, down from $18M at the end of Q1.

Q2 results, PR