Qutoutiao Inc. (NASDAQ: QTT): Q3 2019 Earnings Snapshot
Qutoutiao Inc. (NASDAQ: QTT): Q3 2019 Earnings Snapshot
— China-based tech firm Qutoutiao Inc. (NASDAQ: QTT) reported an adjusted loss of $0.46 per ADS for the third quarter of 2019, vs. a $0.35 per ADS loss expected.
— Net loss attributable shareholders was RMB 891.8 million ($124.8 million), compared to a loss of RMB 1.06 billion a year earlier
— Net revenues increased 44% annually to RMB 1.41 billion ($196.8 million) during the three-month…
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