UPDATE: Shanda Games Posts In-Line Q3 Profit

Shanda Games Ltd

reported a drop in its adjusted Q3 earnings. Shanda Games' quarterly earnings dropped to $45.7 million. The company's per share earnings came in at $0.17 per share, versus analysts' estimates of $0.17 per share. Its revenue came in at $170.4 million, versus analysts' estimates of $170.8 million. Shanda Games shares dropped 2.14% to close at $3.20.