Cango Inc. (CANG) Reports Q4 EPS of $0.05, Revenues Miss

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Go back to Cango Inc. (CANG) Reports Q4 EPS of $0.05, Revenues Miss

Cango Inc. Reports Fourth Quarter and Full Year 2018 Unaudited Financial Results

March 27, 2019 4:30 PM EDT

SHANGHAI, March 27, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the fourth quarter and the full year of 2018.

Fourth Quarter 2018 Financial and Operational Highlights

Total revenues in the fourth quarter of 2018 were RMB321.1million (US$46.7 million), representing an increase of 12.6% from the third quarter of 2018, outperforming the high end of the management guidance by 8.8%. The number of dealers covered by the Company stood at 46,565 as of... More