The Chinese company reported a loss of -RMB0.41 for the second quarter, missing analysts' estimates of a loss of -RMB0.34. Revenue grew 27.2% from the year-ago quarter to RMB958.7 million, but fell below analysts' estimates of RMB980.65 million.
Looking to the third quarter, Youku Tudou expects revenue of RMB1.09 billion to RMB1.13 billion, below estimates of RMB1.15 billion.
Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates YOUKU TUDOU INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation: "We rate YOUKU TUDOU INC (YOKU) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and feeble growth in its earnings per share." You can view the full analysis from the report here: YOKU Ratings Report YOKU data by YCharts
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