ChinaNet Online Holdings Reports Second Quarter and First Half Year 2018 Unaudited Financial Results
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ChinaNet (CNET) Reports Q2 Loss of $0.60 on Revenues of $22.5M
August 17, 2018 7:35 AM EDTChinaNet (NASDAQ: CNET) reported Q2 EPS of ($0.60). Revenue for the quarter came in at $22.5 million.
Total revenues increased by 114.5% to $22.5 million from $10.5 million in the corresponding period of 2017.Revenues from search engine marketing and data service increased by 142.1% to $19.4 million from $8.0 million in the corresponding period of 2017.Mr. Handong Cheng, Chairman, President and Chief Executive Officer of CNET, stated, We continued to... More
