Changyou Reports Solid Q2 Results, Guidance Looks Concerning

Changyou.com Limited CYOU earlier reported Q2 EPS of $1.41 versus the estimated $1.37, beating by $0.04. EPS were Up 9% from the same quarter last year. Revenue came in at $182.40M versus the estimated $183.35M. Sales were Up 24% year over year. The company is looking for Q3 sales of $180-186M vs $191M estimate. The stock is indicated lower in pre-market action.