CyberAgent, Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2019; Announces Impairment Loss for the First Quarter Ended December 31, 2018
January 30, 2019 at 05:47 pm IST
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CyberAgent, Inc. reported consolidated earnings results for the first quarter ended December 31, 2018. For the quarter, the company reported net sales of JPY 110,855 million compared to JPY 97,914 million a year ago. Operating income was JPY 5,346 million compared to JPY 8,246 million a year ago. Ordinary income was JPY 5,165 million compared to JPY 7,792 million a year ago. Net income was JPY 1,538 million against JPY 3,316 million a year ago. Basic earnings per share was JPY 7.28 against JPY 18.77 a year ago. Diluted earnings per share was JPY 6.76 against JPY 18.67 a year ago.
The company provided consolidated earnings guidance for the full year ending September 30, 2019. For the year, the company expects net sales of JPY 440,000 million, operating income of JPY 20,000 million, ordinary income of JPY 19,000 million and profit attributable to shareholders of parent of JPY 2,000 million or JPY 15.88 per basic share.
For the first quarter ended December 31, 2018, the company announced impairment loss of JPY 193 million compared to JPY 576 million for the same period a year ago.
CyberAgent, Inc. specializes in providing media and entertainment services over the Internet. Net sales break down by activity as follows:
- internet advertisement services (52.9%);
- development and operation of games on smartphones (24.8%);
- media services (18.4%): operation of the Internet TV channel AbemaTV, publishing and operation of Internet portals (operation of the Ameba cybercarnet platform, provision of online dating services via Tapple, operation of video and music exchange sites, etc.);
- other (3.9%).
CyberAgent, Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2019; Announces Impairment Loss for the First Quarter Ended December 31, 2018