Cango Inc. (CANG) Declares $1.00 Special Dividend; 10.9% Yield
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Cango Inc. (CANG) Reports Q4 EPS of $1.59, Revenues Beat
March 11, 2021 4:34 PM ESTCango Inc. (NYSE: CANG) reported Q4 EPS of $1.59, versus $0.00 reported last year. Revenue for the quarter came in at $168.2 million versus the consensus estimate of $87.74 million.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB1,097.4 million (US$168.2 million), a 150.2% increase from RMB438.5 million in the same period of 2019, outperforming the high end of the Company's guidance by 46.3%. The increase was mainly driven by the increased amounts of both financing transactions the Company facilitated and car trading transactions.Car trading transactions revenues were RMB546.8 million (US$83.8 million), or 49.8% of total revenues in the... MoreCango Inc. (CANG) Halted, News Pending
March 11, 2021 9:35 AM ESTCango Inc. (NYSE: CANG) Halted, News Pending
