ATRenew Expects Q3 Revenue of RMB3.15B-RMB3.25B Vs $476.43M Est
Portfolio Pulse from Benzinga Newsdesk
ATRenew expects its total revenues for Q3 2023 to be between RMB3,150.0 million and RMB3,250.0 million, which is higher than the estimated $476.43 million.
August 23, 2023 | 8:11 am
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POSITIVE IMPACT
ATRenew's projected Q3 2023 revenues are higher than the estimated $476.43 million, which could positively impact RERE's stock.
ATRenew's higher than expected revenue forecast for Q3 2023 indicates strong financial performance, which could lead to increased investor confidence and a potential rise in RERE's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100