Zhihu ADR Q2 Financial Performance: A Closer Look at the Numbers
Friday, 23 August 2024, 05:05
Zhihu ADR Q2 Financial Results
Zhihu (NYSE: ZH) has released its financial performance for the second quarter of 2024, showing a GAAP EPADS of -$0.12. The revenue reached $128.5 million, outperforming forecasts by $2.7 million. Notably, the adjusted net loss has decreased to $6.1 million, reflecting a 79.9% narrowing compared to the second quarter of 2023.
Key Financial Highlights
- Q2 GAAP EPADS: -$0.12
- Revenue: $128.5 million (beat by $2.7 million)
- Adjusted net loss: $6.1 million
This performance underscores Zhihu's strategic efforts to enhance profitability and navigate market conditions.
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.