Zhihu Q4 Sales $160.32M Beat $148.11M Estimate, Adj Net Loss of (92.8)M
Portfolio Pulse from Benzinga Newsdesk
Zhihu (NYSE:ZH) reported Q4 sales of $160.32M, surpassing the $148.11M estimate by 8.25%, but marking a 0.73% decrease from the previous year's $161.51M. The adjusted net loss was $92.8M.
March 26, 2024 | 8:45 am
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Zhihu reported Q4 sales of $160.32M, beating estimates but with a slight YOY decrease. Adjusted net loss was $92.8M.
Zhihu's Q4 earnings report shows a mixed picture. While the sales beat estimates, indicating potential growth and operational success, the slight year-over-year decrease and significant adjusted net loss could concern investors. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100