eHi Car Services Limited (EHIC) Reports Q1 Loss of $0.01*
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eHi Car Services Limited (NYSE: EHIC) reported Q1 EPS of ($0.01)*. Revenue for the quarter came in at $67.7* million.
*Rate 1 RMB to $0.15
Highlights
- Net revenues increased by 33.7% year-over-year to RMB615.6 million
- Net income was RMB30.8 million with diluted earnings per ADS reaching RMB0.44
- Non-GAAP adjusted EBITDA increased by 34.6% year-over-year to RMB271.9 million
- Continued margin expansion by achieving non-GAAP adjusted EBIT margin of 15.4% and non-GAAP adjusted EBITDA margin of 44.2%
For earnings history and earnings-related data on eHi Car Services Limited (EHIC) click here.
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