ChinaCache Int'l (CCIH) Posts Mixed Q3 Results

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Go back to ChinaCache Int'l (CCIH) Posts Mixed Q3 Results

ChinaCache International Holdings Ltd. Announces Third Quarter 2014 Financial Results

November 19, 2014 6:00 PM EST

BEIJING, Nov. 19, 2014 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq: CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced its unaudited condensed consolidated financial results for the third quarter of 2014.

Highlights for the Third Quarter of 2014

Net revenues in the third quarter were RMB375.3 million (US$61.1 million), within the prior guidance range, and representing a 36.3% increase year-over-year. Gross profit in the third quarter was RMB113.9 million (US$18.6 million), an increase of 30.0%... More