ChinaNet Online Holdings (CNET) Misses Q2 EPS by 3c; Eliminates Guidance
ChinaNet Online Holdings, Inc. (NASDAQ: CNET) reported Q2 EPS of $0.15, $0.03 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $9.1 million versus the consensus estimate of $13.02 million.
Due to uncertainties surrounding the economic environment and monetary policies in China and its impact on small business customers, ChinaNet will no longer provide financial guidance.
Due to uncertainties surrounding the economic environment and monetary policies in China and its impact on small business customers, ChinaNet will no longer provide financial guidance.