Bitauto Announces Second Quarter 2020 Results
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Bitauto (BITA) Tops Q2 EPS by 31c, Revenues Miss
August 24, 2020 6:06 AM EDTBitauto (NYSE: BITA) reported Q2 EPS of ($0.66), $0.31 better than the analyst estimate of ($0.97). Revenue for the quarter came in at $276.9 million versus the consensus estimate of $305.08 million.
Bitauto Second Quarter 2020 Highlights
Basic and diluted net loss per ADS, each representing one ordinary share, in the second quarter of 2020 amounted to RMB5.15 (US$0.73) and RMB5.15 (US$0.73), respectively.Non-GAAP basic and diluted net loss per ADS in the second quarter of 2020 amounted to RMB4.65 (US$0.66) and RMB4.65 (US$0.66), respectively.Revenue in the second quarter of 2020 was RMB1.96 billion (US$276.9 million), compared to... More