Qutoutiao (QTT) Tops Q1 EPS by 3c on Revenues of $199.4M
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Qutoutiao Inc. Reports First Quarter 2020 Unaudited Financial Results
June 4, 2020 5:30 AM EDTSHANGHAI, China, June 04, 2020 (GLOBE NEWSWIRE) -- Qutoutiao Inc. (Qutoutiao, the Company or We) (NASDAQ: QTT), a leading operator of mobile content platforms in China, today announced its unaudited financial results in the first quarter ended March 31, 2020.Â
First Quarter 2020 Highlights
Combined average MAUs1 were 138.3 million, representing an increase of 24.2% from 111.4 million in the first quarter of 2019, compared to 137.9 million in the previous quarter.Combined average DAUs2 were 45.6 million, representing an increase of 21.5% from 37.5 million in the first quarter of 2019,... More