On Wednesday, iDreamSky Technology Ltd (ADR) (NASDAQ:DSKY)’s shares inclined 5.98% to $11.16.
iDreamSky Technology Ltd (ADR) (DSKY) stated unaudited financial results for the first quarter ended March 31, 2015. The Company will host a conference call to talk about the results at 8:00 a.m. EDT (or 8:00 p.m. Beijing/Hong Kong Time) on June 1, 2015.
Quarterly Highlights
- Total revenues were RMB371.9 million (US$60.0 million1), up 113.6% from the same quarter last year, and up 13.2% sequentially.
- Gross profit was RMB143.4 million (US$23.1 million), up 96.8% from the same quarter last year, and up 13.1% sequentially.
- Net income was RMB37.2 million (US$6.0 million), up 12.2% from the same quarter last year, and up 27.8% sequentially.
- Non-GAAP adjusted net income2was RMB57.4 million (US$9.3 million), up 72.4% from the same quarter last year, and up 14.1% sequentially.
- Average revenue per paying user (“ARPPU”) was RMB15.9 (US$2.6), up 40.7% from the same quarter last year, and the same as in the last quarter.
- Average monthly active users (“MAUs”) were 118.6 million, up 20.7% from the same quarter last year, and up 7.2% sequentially.
iDreamSky Technology Limited, through its auxiliaries, licenses and operates single player mobile games and mobile online games in the People’s Republic of China. The company operates casual games, such as Temple Run and Subway Surfers endless running games; Three Kingdoms of Fruits, a role-playing game; and Fruit Ninja, a reflex game, in addition to racing, shooting, puzzle, and other genres of the game.
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU)’s shares gained 1.26% to $7.22.
Mitsubishi UFJ Financial Group Inc (ADR) (MTU) declared the opening of a Bank of Tokyo-Mitsubishi UFJ (Canada) - BTMU Canada - office in Calgary.
BTMU Canada is a wholly owned partner of The Bank of Tokyo-Mitsubishi UFJ, Ltd. and is the premier Asia-based global bank in Canada. Headquartered in Toronto and with offices in Vancouver and Montreal, the bank has added a fourth location in Canada with the opening of the new Calgary office. The office is located at 440 Second Avenue in Calgary.
Mitsubishi UFJ Financial Group, Inc., through its auxiliaries, provides financial services in Japan and internationally. Its Integrated Retail Banking Business Group segment offers a range of banking products and services, counting financial consulting services; deposit products comprising non-interest-bearing deposit accounts; asset administration and administration services; trust products; and other investment products.
Synovus Financial Corp. (NYSE:SNV), ended its Wednesday’s trading session with 2.54% gain, and closed at $30.72.
Synovus Financial Corp. (SNV) uncovered that its Board of Directors has declared a dividend of $0.10 per share on the company’s common stock. The dividend will be payable on July 1, 2015 to shareholders of record as of June 18, 2015.
Synovus Financial Corporation operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, counting commercial and retail banking, financial administration, insurance, and mortgage services.
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