Categories AlphaGraphs, Earnings, LATEST, Technology
Qutoutiao Inc. (NASDAQ: QTT): Q3 2019 Earnings Snapshot
— China-based tech firm Qutoutiao Inc. (NASDAQ: QTT) reported an adjusted loss of $0.46 per ADS for the third quarter of 2019, vs. a $0.35 per ADS loss expected.
— Net loss attributable shareholders was RMB 891.8 million ($124.8 million), compared to a loss of RMB 1.06 billion a year earlier
— Net revenues increased 44% annually to RMB 1.41 billion ($196.8 million) during the three-month period, vs. $196.4 million expected
— Advertising and marketing revenues climbed 54% to RMB 1.38 billion, while other revenues declined 69%
— In the third quarter, combined average MAUs more than doubled year-over-year to 133.9 million, and combined average DAUs surged 98% to 42.1 million
— Average daily time spent per DAU was 61.3 minutes, up from 55.9 minutes reported in the third quarter of 2018
— Expects net revenues to be between RMB 1.60 billion and RMB 1.62 billion in the fourth quarter of 2019
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
