MOGU Announces Second Quarter Fiscal Year 2020 Unaudited Financial Results
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MOGU Inc. (MOGU) Misses Q2 EPS by 35c, Revenues Miss
November 29, 2019 5:54 AM ESTMOGU Inc. (NYSE: MOGU) reported Q2 EPS of ($0.42), $0.35 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $27.7 million versus the consensus estimate of $35.39 million.
Second Quarter Fiscal Year 2020 Highlights
Gross Merchandise Value (GMV1) for the second quarter of fiscal year 2020 was RMB4,167 million, an increase of 8.1% year-over-year. GMV for the twelve-month period ended September 30, 2019 was RMB17,825 million (US$2,493.8 million2), an increase of 9.7% year-over-year.Live Video Broadcast business continued to grow strongly with associated GMV for the second quarter of fiscal year 2020 increasing 115.2% year-over-year... More