ChinaNet Online Holdings Reports Second Quarter and First Half Year 2018 Unaudited Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to ChinaNet Online Holdings Reports Second Quarter and First Half Year 2018 Unaudited Financial Results

ChinaNet (CNET) Reports Q2 Loss of $0.60 on Revenues of $22.5M

August 17, 2018 7:35 AM EDT

ChinaNet (NASDAQ: CNET) reported Q2 EPS of ($0.60). Revenue for the quarter came in at $22.5 million.

Total revenues increased by 114.5% to $22.5 million from $10.5 million in the corresponding period of 2017.Revenues from search engine marketing and data service increased by 142.1% to $19.4 million from $8.0 million in the corresponding period of 2017.

Mr. Handong Cheng, Chairman, President and Chief Executive Officer of CNET, stated, We continued to... More