Bitauto Holdings (BITA) Misses Q2 EPS by 1c; Guides Q3; Authorizes $10M Buyback
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Bitauto Holdings (NYSE: BITA) reported Q2 EPS of $0.10, $0.01 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $24.1 million versus the consensus estimate of $22.6 million.
Bitauto Holdings sees Q3 2011 EPS of $0.10, versus the consensus of $0.12. Bitauto Holdings sees Q3 2011 revenue of $24.0-$24.8 million, versus the consensus of $24.60 million.
Bitauto has approved a share repurchase program, effective immediately, which authorizes the Company to repurchase up to $10 million worth of its issued and outstanding American Depositary Shares, or ADSs, within twelve months.
Bitauto Holdings sees Q3 2011 EPS of $0.10, versus the consensus of $0.12. Bitauto Holdings sees Q3 2011 revenue of $24.0-$24.8 million, versus the consensus of $24.60 million.
Bitauto has approved a share repurchase program, effective immediately, which authorizes the Company to repurchase up to $10 million worth of its issued and outstanding American Depositary Shares, or ADSs, within twelve months.
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