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

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MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

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