Zhihu Q2 Adj. EPS $(0.07) Up From $(0.30) YoY, Sales $128.50M Beat $121.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zhihu reported a significant improvement in its Q2 adjusted EPS, reducing losses from $(0.30) to $(0.07) per share year-over-year. The company's sales of $128.50 million exceeded analyst expectations of $121.40 million, despite a 10.77% decrease from the previous year.
August 23, 2024 | 6:59 am
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Zhihu's Q2 results show a significant improvement in EPS, reducing losses from $(0.30) to $(0.07) per share year-over-year. Sales of $128.50 million beat expectations, despite a decline from last year.
Zhihu's improved EPS and sales beating estimates are positive indicators for investors, suggesting better financial health and potential for stock price appreciation. However, the decline in sales compared to last year may temper enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100