Linktone Ltd. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company’s net revenues were $11.0 million compared with $15.7 million a year ago. Loss from operations was $5.4 million compared with income from operations of $1.5 million a year ago. Loss before tax was $4.9 million compared with income before tax of $1.6 million a year ago. Net loss was $3.7 million or $0.01 per basic and diluted share compared with net income of $0.09 million or $0.00 per basic and diluted share a year ago. Non-GAAP net income was $6.3 million or $0.02 per basic and diluted share compared with $0.03 million or $0.00 per basic and diluted share a year ago. For the year, the company's net revenues were $45.3 million compared with $59.1 million a year ago. The year-over-year decline was primarily attributable to a decline in media content revenue due to a decrease in studio home entertainment titles available and a decline in VAS data-related services revenue due to ongoing stringent restrictions imposed by regulators in China and Indonesia. Income from operations was $16.6 million compared with income from operations of $5.5 million a year ago. Income before tax was $17.3 million compared with income before tax of $7.6 million a year ago. Net income was $20.2 million or $0.05 per basic and diluted share compared with net income of $5.3 million or $0.01 per basic and diluted share a year ago. Non-GAAP net income was $30.2 million or $0.07 per basic and diluted share compared with $5.3 million or $0.01 per basic and diluted share a year ago. For the first quarter ending March 31, 2013, the company anticipates gross revenues to be in the range of $10 million to $12 million. These forecasts reflect the company's current and preliminary view, which is subject to change. Operating expenses for the fourth quarter 2012 included an impairment of goodwill of $9.9 million due to the unfavorable outlook for the DVD and VAS businesses of the company's Media content and China VAS reporting units, respectively.

Linktone Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net revenues of $16,281,304 against $11,822,886 a year ago. Income from operations was $655,480 against loss from operations of $2,120,293 a year ago. Income before tax was $5,192,230 against $11,521,290 a year ago. Net income was $4,619,602 against $12,061,539 a year ago. Basic and diluted net income per ordinary share was $0.01 against $0.03 a year ago. Basic and diluted net income per ADS was $0.11 against $0.29 a year ago. Non-GAAP net income was $4,722,786 against $12,087,014 a year ago. Non-GAAP diluted income per share was $0.01 against $0.03 a year ago. Non-GAAP diluted income per ADS was $0.11 against $0.30 a year ago. For the nine months, the company reported net revenues of $43,395,212 against $35,162,451 a year ago. Loss from operations was $939,691 against $6,114,938 a year ago. Income before tax was $6,005,846 against $22,229,401 a year ago. Net income was $5,174,594 against $23,929,851 a year ago. Basic and diluted net income per ordinary share was $0.01 against $0.06 a year ago. Basic and diluted net income per ADS was $0.12 against $0.58 a year ago. Non-GAAP net income was $5,260,908 against $24,055,400 a year ago. Non-GAAP diluted income per share was $0.01 against $0.06 a year ago. Non-GAAP diluted income per ADS was $0.12 against $0.59 a year ago. For the fourth quarter ending December 31, 2012, the company anticipates gross revenues to be in the range of $12 million to $14 million.

Linktone Ltd. announced that its Annual General Meeting of Shareholders approved the election of Mr. David Audy as a Class II director to serve until the 2015 AGM or until his successor is elected and duly qualified.