ATRenew Outperforms Expectations: Q2 Results and Q3 Outlook
Tuesday, 20 August 2024, 08:07
ATRenew's Outstanding Q2 Performance
ATRenew has reported a non-GAAP EPS of $0.07 for Q2, which is in-line with market expectations. The company achieved revenue of $519.7 million, reflecting a significant rise of 27.2% year-over-year.
Positive Trajectory Ahead
In a forward-looking statement, ATRenew has initiated its Q3 outlook, highlighting a potentially strong continuation of its performance.
- Revenue beats estimates by $5.63 million
- Consumer products transacted reached 8.4 million
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.