Business

Watch List Stock News: Changyou.com Limited (NASDAQ:CYOU)

Changyou.com Limited (NASDAQ:CYOU) is now trading -3.00% off 52-week high price. On the other end, the stock has been noted 96.32% away from the low price over the last 52-weeks. The stock changed -0.09% to recent value of $10.66. The stock transacted 229728 shares during most recent day however it has an average volume of 278.22K shares. The company has 55.10M of outstanding shares and 12.01M shares were floated in the market.

On March 09, 2020, Changyou.com Limited (NASDAQ:CYOU) a leading online game developer and operator in China, declared its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

Fourth Quarter 2019 Highlights

  • Total revenue was US$135 million, an increase of 35% year-over-year and 22% quarter-over-quarter, in line with the Company’s updated guidance.
  • Online game revenue was US$132 million, an increase of 40% year-over-year and 22% quarter-over-quarter, in line with the Company’s updated guidance.
  • GAAP net income attributable to Changyou.com Limited was US$59 million , compared with net income of US$22 million in the fourth quarter of 2018 and net income of US$34 million in the third quarter of 2019.
  • Non-GAAP net income attributable to Changyou.com Limited was US$63 million , compared with net income of US$23 million [3] in the fourth quarter of 2018 and net income of US$34 million in the third quarter of 2019.
  • Fiscal Year 2019 Highlights
  • Total revenue was US$455 million, compared with US$416 million in 2018.
  • Online game revenue was US$441 million, compared with US$390 million in 2018.
  • GAAP net income attributable to Changyou.com Limited was US$178 million, compared with US$129 million in 2018.
  • Non-GAAP net income attributable to Changyou.com Limited was US$179 million, compared with US$123 million in 2018.

Its earnings per share (EPS) expected to touch remained -23.00% for this year while earning per share for the next 5-years is expected to reach at -3.19%. CYOU has a gross margin of 73.80% and an operating margin of 27.10% while its profit margin remained 20.70% for the last 12 months.

According to the most recent quarter its current ratio was 1.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.35% from the mean of 20 days, 2.24% from mean of 50 days SMA and performed 14.99% from mean of 200 days price. Company’s performance for the week was -0.56%, -0.19% for month and YTD performance remained 8.89%.

Leave a Reply

Your email address will not be published. Required fields are marked *