CyberAgent, Inc. reported consolidated earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net sales of JPY 86,571 million compared to JPY 74,030 million a year ago. Operating income was JPY 6,354 million compared to JPY 12,986 million a year ago. Ordinary income was JPY 5,930 million compared to loss of JPY 12,814 million a year ago. Profit attributable to shareholders of parent was JPY 1,326 million compared to profit of JPY 5,913 million a year ago. Diluted earnings per share were JPY 10.50 compared to JPY 46.93 a year ago. Income before income taxes and non- controlling interests was JPY 5,365 million compared to JPY 12,173 million a year ago. Net cash used in operating activities was JPY 8,863 million compared to JPY 4,135 million a year ago. Purchase of property, plant and equipment was JPY 1,009 million compared to JPY 534 million a year ago. Purchase of intangible assets was JPY 3,636 million compared to JPY 3,477 million a year ago.

The company provided consolidated earnings guidance for the full year ending September 30, 2017. For the year, the company expects net sales of JPY 360,000 million, operating income of JPY 28,000 million, ordinary income of JPY 26,700 million and profit attributable to shareholders of parent of JPY 10,000 million or JPY 79.53 per basic share.