For the first quarter Sungy Mobile reported earnings of 6 cents a share, falling 9 cents below the 15 cents a share estimated by analysts surveyed by Thomson Reuters. Revenue grew 63% from the year-ago quarter to $15.56 million, beating analysts' estimates of $15.3 million for the quarter.
Looking forward to the second quarter Sungy Mobile expects revenue of $16 million to $17 million, below analysts' estimated $18 million for the quarter.
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