|Bid||4.1500 x 2200|
|Ask||4.2100 x 1200|
|Day's Range||3.7000 - 4.2300|
|52 Week Range||2.2000 - 6.5500|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Qutoutiao (QTT) saw a big move last session, as its shares jumped nearly 12% on the day, amid huge volumes.
Revenue in the first quarter increased 26% to $199.4 million, topping the consensus estimate of $198.3 million in sales. Wall Street was expecting the company to lose $0.23 per ADS on an adjusted basis. "We executed strongly in the first quarter of 2020 by growing our revenues over 26% year on year, this is a strong testament to our commitment and ongoing effort in enhancing the core capabilities of our advertising platform, especially given the unprecedented challenges facing our economy and the industry," CEO Eric Tan said in a statement.
Welcome, everyone to the first quarter of 2020 earnings conference call of Qutoutiao Inc. The Company's financial and operational results were released via Newswire services earlier today, and have been made available online. Participants on today's call will include our CEO, Mr. Eric Tan; and our CFO, Mr. Xiaolu Zhu. Before we continue, please note that today's discussion will contain forward-looking statements made under the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995.
There's been a major selloff in Qutoutiao Inc. (NASDAQ:QTT) shares in the week since it released its full-year report...
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