Ku6 Media Q2 Revenue Increases and Net Loss Declines Year-Over-Year

Ku6 Media Co., Ltd. (KUTV), an internet video company focused on user generated content in China, announced unaudited financial results for the second quarter of fiscal year 2015, ended June 30, 2015.

Total revenue was $2.38 million in the second quarter of 2015, as compared to total revenue of $0.70 million in the second quarter of 2014. Analyst estimates were not available.

Net loss was $0.67 million, as compared to a net loss of $5.34 million in the second quarter of 2014.

Basic and diluted loss per ADS was $0.01 in the second quarter of 2015, as compared to $0.11 in the second quarter of 2014.

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