Bitauto (BITA) Tops Q4 EPS by 2c, Beats on Revenues

Note: EPS may not be comparable

Bitauto (NYSE: BITA) reported Q4 EPS of $0.12, $0.02 better than the analyst estimate of $0.10. Revenue for the quarter came in at $43.5 million versus the consensus estimate of $382.87 million.

Bitauto Fourth Quarter and Fiscal Year 2017 Highlights

• Revenue in the fourth quarter of 2017 was RMB2.69 billion (US$413.5 million), a 53.8% increase from the corresponding period in 2016. Revenue in fiscal year 2017 was RMB8.75 billion (US$1.35 billion), a 51.6% increase from 2016.
• Basic and diluted net loss per ADS in the fourth quarter of 2017 was RMB10.05 (US$1.54) and RMB10.05 (US$1.54), respectively. Basic and diluted net loss per ADS in fiscal year 2017 was RMB23.01 (US$3.54) and RMB23.10 (US$3.55), respectively.
• Non-GAAP basic and diluted net income per ADS in the fourth quarter of 2017 was RMB0.75 (US$0.12) and RMB0.72 (US$0.11), respectively. Non-GAAP basic and diluted net income per ADS in fiscal year 2017 was RMB5.45 (US$0.84) and RMB5.07 (US$0.78), respectively.

For earnings history and earnings-related data on Bitauto (BITA) click here.

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