Changyou.com Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $177,585,000 against $136,765,000 a year ago. Operating profit was $101,608,000 against $79,875,000 a year ago. Net income attributable to the company was $77,645,000 against $65,250,000 a year ago. Diluted net income per ADS attributable to the company was $1.45 against $1.22 a year ago. Non-GAAP operating profit increased 8% quarter-over-quarter and 26% year-over-year to $101.8 million. Non-GAAP net income increased 10% quarter-over-quarter and increased 31% year-over-year to $88.5 million. Non-GAAP net income attributable to the company increased 3% quarter-over-quarter and 17% year-over-year to $77.9 million. Non-GAAP fully diluted earnings per ADS attributable to the company were $1.45, compared with $1.42 in the fourth quarter of 2012 and $1.24 in the first quarter of 2012. Operating cash flow was a net inflow of $82.4 million. For the second quarter of 2013, the company expects total revenues to be between $179.0 million and $185.0 million, including online game revenues of $165.0 million to $170.0 million and online advertising revenues of $10.0 million to $11.0 million. Non-GAAP net income attributable to the company to be between $71.0 million and $74.0 million. Non-GAAP fully diluted earnings per ADS attributable to the company to be between $1.33 and $1.38.

Changyou.com Limited announced that they will report Q1, 2013 results at 9:00 AM, China Standard Time on Apr 29, 2013

Changyou.com Limited, Q1 2013 Earnings Call, Apr 29, 2013