China Finance Online Co., Ltd. reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2016. For the quarter, the company's net revenues were $16,045,000 against $23,115,000 a year ago. Loss from operations was $15,303,000 against income from operations of $608,000 a year ago. Income before income tax provision was $3,544,000 against $5,330,000 a year ago. Net income attributable to the company was $12,765,000 or $0.10 per diluted share against $4,072,000 or $0.03 per diluted share a year ago. Diluted net income per ADS attributable to the company was $0.50 against $0.16 a year ago.

For the six months, the company's net revenues were $46,758,000 against $36,816,000 a year ago. Loss from operations was $8,283,000 against $2,939,000 a year ago. Income before income tax provision was $10,779,000 against $2,636,000 a year ago. Net income attributable to the company was $14,782,000 or $0.12 per diluted share against $2,735,000 or $0.02 per basic and diluted share a year ago. Diluted net income per ADS attributable to the company was $0.58 against $0.11 a year ago.

For the quarter, the company reported loss from impairment of goodwill of $6,642,000.