Qutoutiao (QTT) Tops Q3 EPS by 2c

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Qutoutiao Inc. Reports Third Quarter 2020 Unaudited Financial Results

December 16, 2020 4:10 PM EST

SHANGHAI, China, Dec. 16, 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 third quarter ended September 30, 2020.

Third Quarter 2020 Highlights

Combined average MAUs1 were 120.5 million, compared to 133.9 million in the third quarter of 2019 and 136.5 million in the second quarter of 2020.Combined average DAUs2 were 39.7 million,... More