Tuniu Announces Unaudited Second Quarter 2018 Financial Results
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Tuniu (TOUR) Misses Q2 EPS by 3c, Revenues Miss
August 29, 2018 6:09 AM EDTTuniu (NASDAQ: TOUR) reported Q2 EPS of ($0.09), $0.03 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $66.1 million versus the consensus estimate of $77.39 million.
Revenues from package tours in the second quarter of 2018 increased by 29.0% year-over-year to RMB437.6 million (US$66.1 million2).Operating expenses in the second quarter of 2018 decreased by 29.7% year-over-year to RMB371.9 million (US$56.2 million).Non-GAAP net loss was RMB22.6 million (US$3.4 million) in the second quarter of 2018, compared to a Non-GAAP net loss... More