Sky-mobi Limited ADS (Nasdaq: MOBI) reported Q4 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $27.1 million versus the consensus estimate of $24.85 million.
For the fiscal first quarter 2012 ending June 30, 2011, Sky-mobi expects total revenues to be in the range of RMB180 million to RMB190 million. .
In addition to our better than expected revenue performance, we also achieved stronger profitability on a non-IFRS basis, driven by a slowdown in our operating expense growth and an improvement in our gross margin in fourth quarter 2011 compared to the previous quarter as well as compared to the fourth quarter 2010"... "We expect robust growth from the new games..."
Projected revenues: 165 - 171RMB: actual 177RMB (nice beat) Total Revenues increases 20.8% 5B user visits / 847M downloads of app (increase of 192% and 47%) in Q4 Maopao Community had 11M active members, 884M member log ins (inc of 100%) Increased headcount from 331 - 534 YOY Net Profit in Q4 was 4.4RMB vs loss of 109RMB in 2010 App Store - total user apps and content downloads were up 47%
MOBI Guides Q1 Revs In-line 9:49 am ET 05/09/2011- Briefing.com Sky-mobi (MOBI $14.57 -0.23) reports fourth quarter net of breakeven, which may not be comparable to the Thomson Reuters consensus of $0.04.
For the first quarter, the company is expecting revenues to fall in the range of RMB180-190 million, which calculated to approx. $27.7 million to $29.3 million versus the $28.15 million Thomson Reuters consensus. .