Jianpu Technology Inc. Reports First Quarter 2019 Unaudited Financial Results
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Jianpu Technology Inc. (JT) Tops Q1 EPS by 1c, Revenues Beat
May 28, 2019 7:34 AM EDTJianpu Technology Inc. (NYSE: JT) reported Q1 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $97.6 million versus the consensus estimate of $89.19 million.
Total revenues in the first quarter of 2019 increased by 95.1% to RMB654.9 million (US$[1]97.6 million) from RMB335.7 million in the same period of 2018.Number of loan applications submitted through the Company\'s platform was approximately 24.4 million in the first quarter of 2019, representing an increase of approximately 102% from the same period of 2018. The average fee per loan application increased to RMB17.72 (US$2.64)... More