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
What to look for when Hewlett Packard (HPE) reports Q4 2024 results
Information technology company Hewlett Packard Enterprise (NYSE: HPE) is actively innovating its product portfolio to better align with the AI-driven transformation currently sweeping the industry. In recent quarters, the company's
What to expect when Dollar General (DG) reports Q3 2024 earnings
Shares of Dollar General Corporation (NYSE: DG) rose over 1% on Wednesday. The stock has dropped 38% over the past three months. The discount retailer is slated to report its earnings
Campbell Soup (CPB) to report Q1 earnings on Dec. 4. Here’s what to expect
Campbell Soup Company (NASDAQ: CPB) is gearing up to publish first-quarter results next week. The company recently rechristened itself, dropping “soup” from the name and assuming a new identity after
