Giant Interactive Reports Earnings (GA)

Giant Interactive Group, Inc. GA reports Q3 earnings of $0.14 versus consensus of $0.13. Giant Interactive Group, Inc. reports Q3 revenues of $50.6 million versus consensus of $51.02 million. Mr. Yuzhu Shi, Giant's Chairman and Chief Executive Officer commented, "In the third quarter 2010, we witnessed both top and bottom line growth on a sequential and year-over-year basis. Our improving financial results were underpinned by steady growth from our flagship ZT Online Series of games, resulting in a year-over-year improvement across most of our key operating metrics, and in particular, the expansion of our paying player base. Shares of GA closed the day down 6 cents to $6.87, a loss of less than 1%.