ATRenew (RERE) reported Q2 adjusted net income Thursday of 0.97 Chinese renminbi ($0.14) per diluted share, up from 0.61 renminbi a year earlier.
Two analysts polled by FactSet expected 0.72 Chinese renminbi.
Net revenue for the quarter ended June 30 was 6.61 billion Chinese renminbi, compared with 4.99 billion Chinese renminbi a year earlier.
Two analysts expected 6.32 billion Chinese renminbi.
For Q3, the company expects revenue of 6.34 billion Chinese renminbi to $6.44 billion Chinese renminbi.
Two analysts expect 6.50 billion Chinese renminbi.
Shares of the company were down nearly 4.6% in Thursday premarket activity.
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