Cango (CANG) reported a Q1 adjusted net loss late Wednesday of 2 renminbi ($0.28) per diluted American depositary share, compared with net income of 0.80 renminbi a year earlier.
One analyst polled by FactSet expected earnings of 0.95 renminbi.
Revenue in the three months ended March 31 surged to 1.1 billion renminbi from 64.4 million renminbi a year earlier, boosted by bitcoin mining.
Two analysts surveyed by FactSet expected 1.08 billion renminbi.
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