Categories Earnings, Technology

Bitauto Holdings (BITA): Q3 2019 Earnings Snapshot

—  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

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top