China Finance Online Reports 2018 First Quarter Unaudited Financial Results
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China Finance Online (JRJC) Reports Q1 Loss of $0.23 per ADS on Revenues of $13.3M
May 21, 2018 5:07 PM EDTChina Finance Online (NASDAQ: JRJC) reported Q1 EPS of ($0.23). Revenue for the quarter came in at $13.3 million.
First Quarter 2018 Financial Highlights
Net revenues grew 53.1% year-over-year to $13.3 million from $8.7 million in the first quarter of 2017Revenues from the financial information and advisory business grew 72.7% year-over-yearRevenues from financial services grew 24.3% year-over-yearGross margin increased to 61.9%, up from 46.4% in the first quarter of 2017Net loss attributable to China Finance Online was $5.2... More