Zhihu Q1 EPADS $(0.04), Sales $144.77M Beat $136.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zhihu (NYSE:ZH) reported Q1 losses of $(0.04) per share and sales of $144.77 million, beating analyst consensus estimate of $136.76 million by 5.86%. This represents a 23.48% increase over sales of $117.24 million in the same period last year.
May 24, 2023 | 9:10 am
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Zhihu reported better-than-expected Q1 sales of $144.77 million, a 23.48% YoY increase, and losses of $(0.04) per share.
Zhihu's Q1 sales exceeded analyst expectations by 5.86%, indicating strong growth and potential positive impact on the stock price. The 23.48% YoY increase in sales demonstrates the company's ability to generate revenue, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100