Youku Tudou (YOKU +9.9%) opened lower, but is now up strongly in response to its Q3 report....

|About: Youku Tudou Inc. (YOKU)|By:, SA News Editor

Youku Tudou (YOKU +9.9%) opened lower, but is now up strongly in response to its Q3 report. Though EPS missed estimates, revenue was ahead of forecasts even if one backs out $3M provided by Tudou following the Aug. 23 merger closing. For Q4, the company is forecasting revenue of RMB610M-RMB630M ($97.7M-$101.8M); between them, Youku and Tudou reported revenue of $75.6M in Q4 2012. Q3 content costs were $29M (36% of revenue), and bandwidth costs $21.7M (27%) .