Youku.com (YOKU $22.07 -3.72) reported a second quarter loss of
($0.04) per share, $0.01 better than the Capital IQ Consensus Estimate of
($0.05).
Revenues rose 178.2% year/year to $30.6 million versus the $26.9 million
consensus.
Bandwidth costs as a component of cost of revenues were RMB 66.3 million
(US$10.3 million) in the second quarter of 2011, representing 33% of net
revenues, down from 65% in the corresponding period in 2010.
Content costs as a component of cost of revenues were RMB 49.5 million (US$7.7
million) in the second quarter of 2011, representing 25% of net revenues in the
same period, compared to 26% in the corresponding period in 2010. For the third
quarter of 2011, the Company expects year-on-year growth in net revenues of 110%
to 120%.






