Friday, July 27, 2007

Perfect World Continue to Surge

Perfect World continues it's journey to the west. After jumped 27.5% on it's first day, the stock gained another 25.5% today on Nasdaq stock market.

The educational software maker turned online interactive game creator and operator has faired nicely on two big down days in the US markets.

Additionally, the company's revenue started to ramp up just in the last six months. It was $1.7 million in the Sept. quarter last year, then $6.1 million in the Dec. quarter.

During the March quarter, this year, revenue totaled just over $11 million and was profitable for the first time with about 11 cents per American deposit share. All figures are in US dollars.


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