Sohu.com’s (SOHU) second quarter revenue beat the consensus estimate by 3.3%, while the EPS beat by $0.07. This was the result of strength in its online games, advertising revenue and portal business. Revenue for the quarter was $127.1 million, up 24.6% from $102.0 million in the year-ago period. This was above the high end of the company’s guidance of $121.0- $125.0 million and above our estimate of $124.0 million. Revenue was driven by a 39% increase in online game revenue to $66.6 million and 4.6% increase in brand advertising revenue to $43.6 million. Online game revenue exceeded the high end of the company’s guidance by $1.6 million, while brand advertising revenue was in line with guidance. The increase in online gaming revenue was due to the higher active paying accounts (APA) and user base expansion, which reflects the growing popularity of Changyou's online games. Despite a ...

Let's stay in China (figuratively speaking) for a little while longer and put the focus on Perfect World Co., Ltd. (PWRD). With a gain of more than 10%, this Chinese online game developer/operator has made the Zacks #1 Rank Top Performers List for Monday.

< ?DART(15);?> (This marks the second consecutive session with a Chinese top performer, as KongZhong (KONG) was featured on Friday.)

Earnings estimates on PWRD have advanced significantly over the past month after the company raised its revenue guidance in mid June. Volume today is almost at 2 million shares, compared to the average of nearly 1.6 million.

PWRD is part of the Internet Content industry, which always seems to have the same 3 companies on the Zacks #1 Rank List. This week is no different as KONG and Shanda Interactive Entertainment Ltd. (SNDA) are once again

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KongZhong Corporation (KONG) is a leading mobile Internet company in China, which puts it in a sweet spot given that country's growing economy and large, relatively web-savvy population.

< ?DART(15);?> KONG made the Zacks #1 Rank Top Performers List on Friday with shares that gained approximately 5%. Volume today is around 312,000 shares, which is in the ballpark with the daily average of nearly 317,000.

KONG is part of the Internet Content industry, which we've visited quite recently. On Jul 1, Shanda Interactive Entertainment Ltd. (SNDA) was the top performer. (SNDA is another Chinese entertainment company, which focuses primarily on web-based video games.) Along with KONG and SNDA, the only other Internet Content company on today's 227-stock Zacks #1 Rank List is Perfect World Co., Ltd. (PWRD).

Recent Movement in Earnings Estimates

Analysts currently expect earnings per share of 24

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Shares of Shanda Interactive Entertainment Ltd. (SNDA) are up nearly 3% today after reporting better-than-expected first-quarter profit late Tuesday.

The online-game operator earned 78 cents per share, topping the consensus by 8.3%. Revenue rose 42% to $162 million.

The full-year average forecast for this Zacks #1 Rank ("Strong Buy") company increased 1.6% to $3.10 per share in the last 30 days, as 2 analysts out of 12 raised projections.

Next year's estimate climbed to $3.53 per share from $3.47 in that same period.

Shanda Interactive is trading on volume of 2 million shares, versus the daily average of 1 million.

"SNDA" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

There are only 3 companies from the Internet Content industry on today's 222-stock Zacks #1 Rank List, and they are all Chinese entertainment companies.

< ?DART(15);?> Today, Perfect World Co., Ltd. (PWRD) is outperforming Shanda Interactive Entertainment Ltd. (SNDA) and KongZhong Corp. (KONG). The online game specialist made the Zacks #1 Rank Top Performers List Wednesday with a gain of more than 8%, compared to gains of 3.45% for SNDA and less than 1% for KONG.

PWRD continues to feel the positive impact of a solid first quarter performance, announced on May 18, in which "strong execution" and "effective in-game promotions" helped results surpass expectations.

Online gaming is much more popular in China than in the U.S., and total revenues soared 40.2% year over year to $62.2 million in the first quarter. The aggregate average concurrent users were down from

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aaon Inc (AAON) Akamai Technologies Inc (AKAM) Badger Meter Inc (BMI) BAE Systems Plc (BAESY) Cadence Pharmaceuticals Inc (CADX) California Pizza Kitchen Inc (CPKI) Carriage Services Inc (CSV) Chipotle Mexican Grill Inc (CMG) Coca-Cola Enterprises Inc (CCE) CVR Energy Inc (CVI) HearUSA Inc (EAR) HLS Systems International Ltd (HOLI) Illumina Inc (ILMN) Innophos Holdings Inc (IPHS) Jarden Corp (JAH) NewMarket Corp (NEU) Northern Dynasty Minerals Ltd (NAK) O'Reilly Automotive Inc (ORLY) Papa John's Int'l Inc (PZZA) Rimage Corp (RIMG) Schweitzer-Mauduit International Inc (SWM) Shanda Interactive Entertainment Ltd (SNDA) Shinhan Financial Group Co Ltd (SHG) SonicWall Inc (SNWL) Thomson SA (TMS) UIL Holdings Corp (UIL) View the entire ...

Shanda Interactive Entertainment Ltd. (...

Shanda Interactive Entertainment Ltd (SNDA) shares are trading on an unusually high volume this morning. The Chinese online game operator's fourth-quarter earnings topped the consensus. Shares were down over 3% today.

Zacks Investment Research

Open Text Corp.'s (OTEX) share price recently touched a new multi-month high just above $36 after bottoming out in late October at the $22 mark. Shares have since retreated after hitting the new high, and have now traced back to a level of support at $31. The stochastic is signaling that this stock is trading in oversold territory, indicating the capacity for a rebound. Take a look at the chart.

Shanda Interactive Entertainment Ltd. (SNDA) is fresh off the heels of another solid quarter in which its income was up 17% from the same period last year. The company's share price gapped open lower on the news this morning (feb 27), but has since rallied back and recovered most its losses. Some resistance has developed at the $33.50 mark, while the MACD indicator remains in mostly neutral territory for the time being.

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Shanda Interactive Entertainment Ltd (SNDR) shares are trading on an unusually high volume. Shares of the Shanghai-based company plummeted less than 1% at $31.89 this morning.

Zacks Investment Research