"Annual Total Revenue -- $584 million for the full year, down 2% year over year. Annual Marketing Services Revenue -- $60 million, representing an 18% year-over-year decline. Annual Online Game Revenue -- $506 million, up 1% year over year. Annual GAAP Net Income -- $394 million, compared with a $100 million net loss in 2024, driven by the withholding tax reversal."
"Social Media Segment Quarterly Revenue -- $21 million, a decrease from $24 million in the prior year's quarter. Social Media Segment Quarterly Operating Loss -- $72 million, widened from $69 million the previous year. Social Media Full-Year Revenue -- $75 million, down from $91 million in 2024. Social Media Full-Year Operating Loss -- $283 million, slightly improved from $287 million in 2024."
Total revenue was $142 million, up 6% year over year and down 21% sequentially. Marketing services revenue was $17 million, down 10% year over year and up 25% sequentially. Online game revenue was $120 million, up 10% year over year and down 26% sequentially. GAAP net income was $123 million due to a $285 million reversal of a Changyou withholding income tax accrual. Non-GAAP net income was $261 million including the reversal; excluding it, annual non-GAAP showed a $51 million loss. Annual total revenue was $584 million, down 2% year over year. The social media segment generated $21 million quarterly revenue with a $72 million quarterly operating loss and $75 million full-year revenue with a $283 million operating loss. Changyou quarterly revenue was $121 million, up from $111 million a year earlier.
Read at The Motley Fool
Unable to calculate read time
Collection
[
|
...
]