Bitauto Announces Second Quarter 2016 Results

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Bitauto (BITA) Misses Q2 EPS by 9c; Announces Management Change

August 9, 2016 6:58 AM EDT

Bitauto (NYSE: BITA) reported Q2 EPS of $0.21, $0.09 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $209.4 million versus the consensus estimate of $204.27 million.

Recent Updates

Bitauto announced that it has accepted the resignation of the Company's president, Mr. Jingning Shao, effective immediately. Mr. Shao will... More