Youku.com YOKU reported a strong rise in its second-quarter revenue.
Youku's quarterly revenue surged 96% y/y to $61.0 million. Number of advertisers climbed to 283 from 260 dusring the quarter.
Youku posted a quarterly net loss of $9.9 million in the same period.
Youku shares closed at $16.37 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in