ChinaNet (CNET) Reports 4Q Loss $0.50 on Revenues of $15.3M
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ChinaNet Online Holdings Reports Fourth Quarter and Full Year 2017 Unaudited Financial Results
April 17, 2018 7:30 AM EDTBEIJING, April 17, 2018 (GLOBE NEWSWIRE) -- ChinaNet-Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing and data-analysis and management services platform, today announced its unaudited financial results for the fourth quarter of 2017 and audited financial results for the full year of 2017.
Fourth Quarter 2017 Highlights
Net revenues increased by 64.1% to $15.3 million from $9.4 million in the corresponding period of 2016.Revenues from search engine marketing and data service increased by 121.1% to $13.1 million from $5.9 million in the corresponding period of 2016.Total operating... More