Wowo Limited (JMU) Reports Q4 Loss of $0.06 on Revenues of $20.9M

Wowo Limited (NASDAQ: JMU) reported Q4 EPS of ($0.06). Revenue for the quarter came in at $20.9 thousand, versus $0 reported last year.

Fourth Quarter 2016 Highlights

• Revenues in the fourth quarter of 2016 were $20.9 million, an increase of 182.3% from $7.4 million in the fourth quarter of 2015, sequentially increased 5.3% from 19.8 million in the third quarter of 2016.
• Gross profit was $0.7 million in the fourth quarter of 2016, improving from a gross loss of $0.6 million in the fourth quarter of 2015 and a gross loss of $0.1 million in the third quarter of 2016.
• B2B online platform recorded gross billing of RMB4,441 million (US$640 million) in the fourth quarter of 2016, measured in terms of gross merchandise value ("GMV"), increasing 39% from gross billing of RMB3,194 million (US$479 million) in the third quarter of 2016.

For earnings history and earnings-related data on Wowo Limited (JMU) click here.

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