Taomee (TAOM), an operator of Chinese online media sites aimed at children, is down 15.5% after reporting Q2 revenue of $11.8M (+23% Y/Y) and EPS of $0.14, beating consensus by $0.5M and $0.02. However, the company's forecast of 3-5% Q/Q growth is below consensus, and it expects EPS to decline due to higher SG&A and R&D expenses.
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