Taomee Total net revenues were US$11.8 million, an increase of 13.0% from US$10.5 million in the second quarter of 2012 and a decrease of 6.7% from US$12.7 million in the third quarter of 2011.
Gross margin was 70.2% compared to 77.7% in the second quarter of 2012 and 81.2% in the third quarter of 2011.
Net income attributable to the holders of ordinary shares was US$1.8 million, compared with US$3.2 million in the second
quarter of 2012 and US$4.4 million in the third quarter of 2011.
Basic and diluted earnings per ADS(1) were US$0.05 and US$0.05, respectively, compared with US$0.09 and US$0.08,
respectively, in the second quarter of 2012 and US$0.12 and US$0.12 respectively, in the third quarter of 2011.
Non-GAAP net income attributable to holders of ordinary shares was US$2.4 million, compared with US$3.8 million in
the second quarter of 2012 and US$5.0 million in the third quarter of 2011.
Non-GAAP basic and diluted earnings per ADS were US$0.07 and US$0.06, respectively, compared with US$0.10 and
US$0.10, respectively, in the second quarter of 2012 and US$0.14 and US$0.13, respectively, in the third quarter of
2011.