Jianpu Technology Inc. Reports Second Quarter 2019 Unaudited Financial Results
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Jianpu Technology Inc. (JT) Misses Q2 EPS by 10c, Revenues Miss
August 26, 2019 7:07 AM EDTJianpu Technology Inc. (NYSE: JT) reported Q2 EPS of ($0.07), $0.10 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $52.8 million versus the consensus estimate of $55.37 million.
Second Quarter 2019 Operational and Financial Highlights:
Credit card volume[1] was approximately 1.9 million in the second quarter of 2019, representing an increase of approximately 18.8% from the same period of 2018. The average fee per credit card increased to RMB106.52 (US$15.52[2]) in the second quarter of 2019 from RMB99.43 in the same period of 2018. As a result, revenues for credit cards[1] in... More