Source: GamaSutra
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Chinese MMORPG publisher The9, which operates Blizzard's
World of Warcraft in China, announced its second quarter 2006 financial results for the period ended June 30, 2006, during which the company reported earnings that beat expectations. In addition, the company noted that it currently plans to operate other online titles so that it does not remain so heavily leveraged on Blizzard's popular MMORPG.
The company reported net revenues for the second quarter that climbed an impressive 21 percent from the previous quarter, and an astounding 363 percent since the same period a year ago to RMB 257.6 million ($32.2 million). Earlier analyst expectations for the company were $28.96 million according to Reuters Estimates.