— Bitauto Holdings Limited (NASDAQ: BITA) reported a loss of $1.16 per share in the fourth quarter of 2019, vs $0.30 profit expected.
— Q4 revenue fell 14% to $385.8 million, vs. $396.2 million expected.
— Revenue from the advertising and subscription businessQ4 was $153.7 million compared to $167 million a year ago, mainly due to the decrease in marketing spending by automakers and dealers.
— Expects to generate revenues between $244.2 million and $258.6 million in the first quarter of 2020.
— BITA shares were modestly up during pre-market trading hours.
Most Popular
Earnings Preview: Can Nvidia match its stellar FY25 performance this year?
For Nvidia Corporation (NASDAQ: NVDA), fiscal 2025 was a pivotal year in which the GPU giant generated record-high revenue and profit, capitalizing on its leadership in the AI chip market.
What to expect when Hormel Foods (HRL) reports Q2 2025 earnings results
Shares of Hormel Foods Corporation (NYSE: HRL) stayed green on Tuesday. The stock has gained 6% in the past three months. The branded foods company is scheduled to report its earnings
HD Earnings: Key quarterly highlights from Home Depot’s Q1 2025 financial results
The Home Depot (NYSE: HD) reported its first quarter 2025 earnings results today. Sales of $39.9 billion were up 9.4% year-over-year. Comparable sales decreased 0.3%. Net earnings were $3.4 billion,
