Bitauto Announces First Quarter 2018 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. DECK
2. RNG
3. WDC
4. BMY
5. BYD
6. WCN
7. SPOT
8. SPY
9. FIX
10. NDAQ

Go back to Bitauto Announces First Quarter 2018 Results

Bitauto (BITA) Tops Q1 EPS by 22c, Beats on Revenues

June 13, 2018 6:23 AM EDT

Bitauto (NYSE: BITA) reported Q1 EPS of $0.14, $0.22 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $346.1 million versus the consensus estimate of $308.48 million.

Bitauto First Quarter 2018 Highlights

Revenue in the first quarter of 2018 was RMB2.17 billion (US$346.1 million), a 52.3% increase from the corresponding period in 2017.Gross profit in the first quarter of 2018 was RMB1.35 billion (US$215.2 million), a 34.3% increase from the corresponding period in 2017.Loss from operations in the first quarter of 2018 was RMB313.3 million (US$50.0 million), compared to a loss from operations of RMB10.9... More