LIZHI INC (LIZI) Tops Q1 EPS by 7c

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LIZHI INC. Reports First Quarter 2021 Unaudited Financial Results

June 1, 2021 5:00 PM EDT

GUANGZHOU, China, June 01, 2021 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company or We) (NASDAQ: LIZI), a leading online UGC1 audio community and interactive audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Financial and Operational Highlights

Net revenues were RMB495.1 million (US$75.6 million) in the first quarter of 2021, representing a 34% increase from RMB370.3 million in the first quarter of 2020.Average total... More