Its second quarter net loss of $7.6 million: the new CEO and chairman of the board of directors

Beijing time on August 8, the morning news, the company released the second quarter of fiscal 2013 earnings today. According to the report, the company in the second quarter on revenue of $608.7 million, $568.3 million than the same period last year growth 7%; Net loss attributable to common shareholders of $7.6 million, in the same period last year net profit attributable to common shareholders of $28.4 million. Its second-quarter revenue slightly beyond Wall Street analysts’ expectations, and formally announced the appointment of CEO and chairman of the board, pushing its shares rose nearly 13% after plate.

in this quarter ended June 30, the company net loss of $7.6 million, 1 cents earnings per share and the performance is less than the same period last year. In the second quarter of fiscal 2012, the company net profit of $28.4 million, 4 cents earnings per share. Not included in the equity incentive spending and mergers and acquisitions related spending one-time items (not in accordance with us gaap), the company adjusted earnings per share in the second quarter 2 cents, including from the negative impact of exchange rate movements of 1 cent per share, the results meet analysts had expected. Financial information provider FactSe survey showed that analysts on average expected the company adjusted earnings per share for 2 cents in the second quarter.

the second quarter on revenue of $608.7 million, the company more than $568.3 million over the same period last year growth of 7%, excluding the impact of exchange rate changes for year-on-year growth of 8%, the performance is slightly more than analysts had expected. FactSe survey, analysts on average expected the company’s second quarter revenue of $606.2 million. The company in the second quarter from the third party and other business revenue of $419 million, less than $503 million over the same period last year. Direct revenue of $190 million, up from $65.4 million a year earlier.

according to the regional division, the company from the north American market in the second quarter on revenue of $377 million, more than $260 million over the same period last year growth of 45%, excluding the influence of exchange rate changes for the same than the 45% increase; From the EMEA (Europe, the Middle East and Africa) region on revenue of $160 million, $212 million over the same period last year fell 24%, excluding the impact of exchange rate movements to fell 25%; From other parts of the world on revenue of $71.6 million, $96.6 million over the same period last year fell 26%, excluding the impact of exchange rate movements to fell 21%.

the company gross to $1.41 billion in the second quarter, more than $1.29 billion over the same period last year growth of 10%. Do not count towards the influence of the exchange rate changes, the company gross than the same period last year increased by 11% in the second quarter. According to the regional division, the company gross income in the second quarter from the north American market for $712 million, more than $548 million over the same period last year growth of 30%, excluding the impact of exchange rate changes for year-on-year growth of 30%; From the EMEA region gross income of $482 million, $4.62 than the same period last year growth of 4.3%, excluding the impact of exchange rate changes for year-on-year growth of 3.6%; From other parts of the world gross income of $219 million, $276 million over the same period last year fell 21%, excluding the impact of exchange rate movements to fell 16%.

the second quarter gross margin of $384.7 million, the company gross profit of $433.2 million over the same period last year. The company in the second quarter operating profit of $27.4 million, $46.5 million than the same period last year fell 41%, an increase of $6.2 million from the previous quarter. Do not count towards the influence of the exchange rate changes, the company in the second quarter operating profit fell 35% than the same period last year. Regardless of the right to take a stake in rewards and expenditure of mergers and acquisitions related and other one-time items (not in accordance with us gaap), the company in the second quarter operating profit of $59 million, less than $71.9 million over the same period last year, an increase of $7.9 million from the previous quarter.

the second quarter of the company adjusted EBITDA (excluding interest, tax, depreciation and amortisation) net profit of $80.5 million, less than $84.7 million over the same period last year.

in the 12 months ended June 30, the company’s operating cash flow of $159.9 million. Not in accordance with us gaap, free cash flow of $29.3 million in the second quarter of the company; In the 12 months ended June 30, the company’s free cash flow of $75.3 million. At the end of the second quarter, the company had $1.2 billion in cash and cash equivalents.

as of June 30, 2013, the company in the north American market active trading amount to an average of more than 54000 pile, as of the end of the first quarter to nearly 40000. As of June 30, 2013, the number of active users in the company is 42 million people, 12% more than last year. Among them, to 19.1 million the number of active users in North America, EMEA region of 13.9 million people, the rest of the world of 9.6 million people. In the second quarter, the company over the past 12 months for each active users an average income of $138, compared with the previous quarter. In June 2013, the company has nearly 50% of the north American trade is done through the mobile devices, in June 2013 at about 30%. The world has more than 5000, ten thousand people are now download the mobile version of its application, in the second quarter of the communist party of China has more than 750 ten thousand people downloaded the application.

the company expects the third quarter of fiscal 2013 revenue of $585 million to $585 million. Company is also expected to the third quarter of fiscal 2013 operating income (excluding the equity incentive spending and mergers and acquisitions related spending $20 million to $40 million and earnings per share (not included in the equity incentive spending and mergers and acquisitions related expenses) – $0.01 to $0.01, equity award excitation spending about $30 million and is expected to not included in the tax revenue of about $20 million.. Company to make a forecast is the basis of this quarter is not significant in mergers and acquisitions or investments, and exchange rate have no significant change.

the company reiterated that the fiscal 2013 operating profit is expected to more than $100 million.

the company also announced the appointment of the company on Wednesday, co-founder Eric ruffle khodorkovsky (Eric Lefkofsky) as the new CEO formally. Since the former CEO Andrew Mason (Andrew Mason) in February since departure, ruffle and Ted Leonsis (Ted Leonsis) has always served as joint interim CEO of the company. The company also appointed leonsis, chairman of the board of directors of the company. In addition, the company said its board of directors has approved a $300 million stock repurchase plan.

on the same day, the company’s share price in regular trading nasdaq rose $0.02, $9.85, or 0.23%. In the subsequent by est 16:24 4:24) (Beijing time 8 in after-hours trading, the company shares rose $1.13, again to $9.85, up 12.96%. Over the past 52 weeks, its price of $9.43, the lowest price is $2.60.