Qutoutiao Inc. Reports Second Quarter 2020 Unaudited Financial Results

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Qutoutiao (QTT) Tops Q2 EPS by 3c, Revenue Comes in Light, Offers Guidance

September 21, 2020 4:13 PM EDT

Qutoutiao (NASDAQ: QTT) reported Q2 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $204 million versus the consensus estimate of $210.03 million.

Business Outlook

For the third quarter of 2020, the Company currently expects net revenues to be... More