ChinaCache (CCIH) Reports Q1 EPS of RMB0.39

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ChinaCache International Holdings Ltd. Announces First Quarter 2015 Financial Results

May 18, 2015 6:00 PM EDT

BEIJING, May 18, 2015 (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 first quarter ended March 31, 2015.

Highlights for the First Quarter of 2015

Net revenues in the first quarter were RMB363.7 million (US$58.7 million), exceeding the high-end of the prior guidance by approximately 3.9%, and representing a 12.3% increase year-over-year. Gross profit in the first quarter was RMB107.4 million (US$17.3... More