Business GrowthManagement expects growth in games to accelerate and strength in its advertising business to continue as the company is ramping up its conversion rate and modestly increasing its ad load.
Earnings PerformanceThe company delivered much better than expected results driven by the highly successful launch of its new game and continued strong growth in its advertising business.
Financial StrategyA share repurchase program of US$200 million was announced, representing about 3% of the market cap, which can be seen as a positive signal to investors.