MOGU Announces First Quarter Fiscal Year 2020 Unaudited Financial Results

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Go back to MOGU Announces First Quarter Fiscal Year 2020 Unaudited Financial Results

MOGU Inc. (MOGU) Misses Q1 EPS by 3c

August 26, 2019 5:51 AM EDT

MOGU Inc. (NYSE: MOGU) reported Q1 EPS of ($0.16), $0.03 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $36.3 million versus the consensus estimate of $36.35 million.

First Quarter Fiscal Year 2020 Financial Results

Total revenues decreased by 2.8% to RMB248.9 million (US$36.3 million) from RMB255.9 million during the same quarter of fiscal year 2019. The increase in commission revenues was offset by the decreases in marketing services revenues and other revenues.Commission revenues increased by 10.0% to RMB129.4 million (US$18.8 million) from RMB117.6million in the same period of fiscal year 2019, primarily... More