CDC Games, a business unit of CDC Corp, said it expects second-quarter revenue to rise 50 percent sequentially, helped by a rebound in the operating metrics of one of its games.
The company has seen a rebound in revenue in the quarter and expects this trend to continue due to the recent launch of 'Nan Lin Feng Yun' -- the latest version of its free-to-play massively multiplayer online role playing game, Yulgang.
CDC Games started the 'free-to-play, pay-for-merchandise' online games model in China with Yulgang.
The company, which plans to launch The Lord of the Rings Online in the second half of the year, said it was optimistic about its prospects for the remainder of 2009 and beyond.
CDC Games had reported revenue of $6.3 million in the first quarter.
Shares of the Hong Kong-based CDC Corp were trading up 9 percent at $2.35 Monday morning on Nasdaq. (Reporting by Manasi Phadke in Bangalore; Editing by Himani Sarkar)