CNET [ChinaNet Online] 8-K: ChinaNet Online Holdings Reports First Quarter 2011 Earnings
[ChinaNet Online Holdings Reports First Quarter 2011 Earnings · Internet Advertising revenue jumped 30% to $6.1 million; representing 87% of total revenue · Q1 gross margin expanded by 3,690 basis points year-over-year to 71.1% · Adjusted net income attributable to common shareholders grew 42% to $2.4 million with diluted EPS of $0.12 · $3.8 million operating cash flows in Q1]
