Taomee Holdings (TAOM) Announces Quarterly Earnings, Misses Estimates By $0.01 EPS
Taomee Holdings (NASDAQ:TAOM) released its earnings data on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01, American Banking and Market News reports. The company had revenue of $8.40 million for the quarter, compared to the consensus estimate of $9.40 million. During the same quarter in the previous year, the company posted $0.01 earnings per share.
Shares of Taomee Holdings (NASDAQ:TAOM) opened at 4.80 on Tuesday. Taomee Holdings has a one year low of $4.30 and a one year high of $8.90. The stock has a 50-day moving average of $4.94 and a 200-day moving average of $5.47. The company has a market cap of $172.6 million and a P/E ratio of 35.75.
Taomee Holdings Limited is a children’s entertainment and media company in the People’s Repubic of China.
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