Changyou.com Limited reported unaudited consolidated earnings results for the third quarter ended September 30, 2017. For the quarter, the company reported total revenue of $165,572,000 compared to $135,862,000 a year ago. The increase was mainly due to the revenue contribution of Legacy TLBB Mobile, which was launched in the second quarter of 2017. Operating loss was $29,818,000 compared to operating profit of $29,436,000 a year ago. Loss before income tax expense was $23,010,000 compared to income before income tax expense of $38,524,000 a year ago. Net loss attributable to the company was $6,774,000 or $0.13 per diluted share compared to net income attributable to the company of $38,704,000 or $0.73 per diluted share a year ago. Non-GAAP operating loss was $27,610,000 and non-GAAP net loss attributable to the company was $4,569,000 or $0.09 per diluted share as compared to non-GAAP operating profit of $36,638,000 and non-GAAP net income attributable to the company of $45,898,000 or $0.85 per diluted share a year ago.

The company provided earnings guidance for the fourth quarter of 2017. For the fourth quarter of 2017, the company expects total revenue to be between $145 million and $155 million, including online game revenue of $110 million to $120 million; non-GAAP net income attributable to the company to be between $35 million and $40 million, and non-GAAP income per fully-diluted ADS to be between $0.66 and $0.76. Taking into account the elimination of the impact of these share-based awards, GAAP net income attributable to the company to be between $33 million and $38 million, and GAAP income per fully-diluted ADS to be between $0.63 and $0.72.

For the third quarter of 2017, the company reported goodwill impairment and impairment of intangible assets acquired as part of acquisition of a business of $86,882,000 compared to nil a year ago.