Overview
Chinese intellectual development firm's Q4 revenue declined 18% yr/yr due to drop in newborn population and conservative consumer spending
Adjusted EPS for Q4 fell yr/yr
Company approved special cash dividend totaling US$5.1 mln
Outlook
Company did not provide specific financial guidance for future quarters or year
Result Drivers
DEMOGRAPHIC PRESSURE - Revenue and MAUs declined, primarily due to a drop in China's newborn population and more conservative consumer spending, per company
COST CONTROL - Operating expenses decreased 16.3%, mainly due to savings in payroll-related and administrative expenses
Company press release: ID:nPn1WrgVSa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | RMB 190.7 mln | ||
Q4 Adjusted EPS | RMB 0.29 | ||
Q4 Gross Margin | 66.90% | ||
Q4 Gross Profit | RMB 127.5 mln | ||
Q4 Operating Expenses | RMB 118.5 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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