Zhihu Reported Q4 MAU of 99.0M, Monthly Subscribing Members of 14.2M, up by 9.2% YoY
Portfolio Pulse from Benzinga Newsdesk
Zhihu reported its Q4 2023 results with total revenues of $160.3 million, a 2.2% increase YoY. Gross margin expanded to 59.1%, and net loss narrowed by 42.6% to $14.5 million. MAUs reached 99.0 million, and monthly subscribing members increased by 9.2% to 14.2 million.
March 26, 2024 | 8:49 am
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Zhihu's Q4 2023 earnings show revenue growth, margin expansion, and a significant reduction in net loss. MAUs and subscribing members also saw increases.
The positive earnings report, showing revenue growth, margin expansion, and a reduction in net loss, alongside growth in MAUs and subscribing members, suggests a positive short-term impact on Zhihu's stock price.
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