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What: Perfect World
So what: Revenues were up 10.8% to $98.4 million and net income was $31.9 million or $0.60 per duluted ADS. Both results beat expectations, but a weak guidance left investors wanting more.
Now what: Two downgrades from Citigroup
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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