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Zhihu Full Year 2022 Earnings: EPS Beats Expectations
Changes in US stocks | Zhihu rose 5%, Q4 net loss narrowed sharply year-on-year, and paid members doubled
Gelonghui, March 23, 丨 Zhihu (ZH.US) rose 5.65% to 1.31 US dollars, with a total market value of 830 million US dollars. The company's fourth-quarter revenue was 1,114 million yuan, up 9.3% year on year; net loss was 180 million yuan, down 53.2% year on year; gross margin continued to rise to 56.4%. Zhihu's revenue in 2022 was 3.605 billion yuan, an increase of 21.8% over the previous year. At the user level, Zhihu's average monthly subscription members reached 13 million in the fourth quarter, an increase of 112.5% over the previous year, and the average MAUs reached 101 million in 2022.
Zhihu's Q4 Loss Narrows on Higher Revenue
06:25 AM EDT, 03/23/2023 (MT Newswires) -- Zhihu's (HKG:2390) fourth-quarter attributable loss narrowed to 179.7 million yuan, or 0.59 yuan per share, from 383.3 million yuan, or 1.29 yuan per share,
Zhihu (2390.HK): Membership and training continue to increase, reduce costs and increase efficiency
Incident: The company released its 2022 report. The company achieved revenue of 3.6 billion yuan in 2022, an increase of 21.8% over the previous year; net loss/adjusted net loss was 1,58/ 1.2 billion yuan, an increase of 28/450 million yuan over the same period last year. Community: Focus on community ecosystem construction companies to continuously optimize the operation of accessible content under the Ecology-First Strategy, and achieve a slight increase in users. By the end of '22, the company had 506 million questions and answers, covering more than 1,000 vertical fields. The company's MAU reached 110 million in '22, an increase of 5.6% over the previous year. Commercialization: High-growth companies with paid memberships and vocational training
Changes in Hong Kong stocks | Zhihu rose more than 4%, net loss narrowed 53.2% year on year
Gelonghui, March 23 - Zhihu (2390.HK) rose more than 4% to HK$20.05, with a total market capitalization of HK$6.4 billion. Zhihu has released unaudited financial results for the fourth quarter and fiscal year ending December 31, 2022. On a financial level, Zhihu's total revenue for the fourth quarter was 1,114 million yuan, up 9.3% year on year. Net loss narrowed 53.2% year on year, and gross margin continued to rise to 56.4%. Total revenue in 2022 was 3.605 billion yuan, an increase of 21.8% over the previous year.
Sector Update: Tech Stocks Higher in Late Trading
03:25 PM EDT, 03/22/2023 (MT Newswires) -- Technology stocks were higher late Wednesday, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% while the Philadelphia Semiconductor Index was up
Sector Update: Tech Stocks Lean Lower Premarket Wednesday
09:04 AM EDT, 03/22/2023 (MT Newswires) -- Technology stocks were leaning lower premarket Wednesday. The Technology Select Sector SPDR Fund (XLK) was slipping by 0.1% and the iShares Semiconductor ETF
Earnings Scheduled For March 22, 2023
Companies Reporting Before The Bell • Boyd Gaming (NYSE:BYD) is estimated to report quarterly earnings at $1.09 per share on revenue of $848.27 million. • BurgerFi International (NASDAQ:BFI) is projec
Paid memberships have doubled, and Zhihu is still losing money
Zhihu ADR GAAP EPADS of -$0.04 Beats by $0.04, Revenue of $161.5M Misses by $0.66M
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