Giant Interactive Declines In Pre-Market On Q2 EPS News
8/28/2008 9:16:50 AM(RTTNews) Giant Interactive (GA) fell in pre-market trading, after the company reported its second quarter earnings.
The stock was down 55 cents just before 9:15 am ET, dropping to $9.10. If pre-market losses hold, the stock will open at its lowest level in three weeks.
Giant Interactive on Wednesday posted second quarter net income of RMB 350.6 million or RMB 1.40 per share, up from RMB 264.25 million or RMB 1.32 per share in the prior year quarter.
Non-GAAP net income excluding non-cash share-based compensation for the quarter was RMB 362.5 million or RMB 1.45 per share, compared to RMB 268.73 million or RMB 1.34 per share last year.
Net revenue for the period was RMB 504.8 million, compared to RMB 370.22 million a year-ago.
by RTT Staff Writer
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