ATRenew Q2 Adjusted Earnings, Revenue Rise; Issues Q3 Revenue Guidance

MT Newswires Live
Aug 20

ATRenew (RERE) reported Wednesday Q2 adjusted earnings of 0.61 renminbi ($0.09) per diluted share, up from 0.48 renminbi per share a year earlier.

A single analyst polled by FactSet expected 0.57 renminbi per share.

Revenue for the quarter ended June 30 was 4.99 billion renminbi, up from 3.78 billion renminbi a year earlier.

A single analyst polled by FactSet expected 4.80 billion renminbi.

The company expects Q3 revenue to range from 5.05 billion renminbi to 5.15 billion renminbi. A single analyst polled by FactSet expects 5.23 billion renminbi.

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