BEST Inc. Announces Unaudited Third Quarter 2019 Financial Results

Go back to BEST Inc. Announces Unaudited Third Quarter 2019 Financial Results

BEST Inc (BEST) Reports Q3 EPS of $0.007

November 13, 2019 5:53 AM EST

BEST Inc (NYSE: BEST) reported Q3 EPS of $0.01, versus $0.00 reported last year. Revenue for the quarter came in at $1.22 million versus the consensus estimate of $1.29 million.

"BEST's third quarter results were highlighted by strong revenue growth and significant net loss reduction which saw us achieve positive non-GAAP net income for a second consecutive quarter and we remain on track to achieve our goal of achieving positive non-GAAP net income for the full year 2019," said Johnny Chou, Chairman and Chief Executive Officer of BEST. "Despite challenging market conditions, e-commerce grew at a healthy pace... More