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.
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.

