— Bitauto Holdings Limited (NASDAQ: BITA) reported third-quarter 2019 earnings of $0.10 per share, vs. $0.39 per share expected.
— Net revenue fell 7% $355.5 million, vs. $378 million expected. The top line was hurt by weakness in passenger vehicle sales in China.
— Revenue from the advertising and subscription business declined 13% in Q3, even as revenue from the transaction services business rose 4%.
— BITA shares tanked 3.7% following the results.
Listen to on-demand earnings calls and hear how management responds to analysts’ questions
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on