Uxin Reports Unaudited Third Quarter of 2019 Financial Results
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Uxin Limited (UXIN) Tops Q3 EPS by 10c
November 27, 2019 5:55 AM ESTUxin Limited (NASDAQ: UXIN) reported Q3 EPS of ($0.04), $0.10 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $65.24 million versus the consensus estimate of $134.94 million.
Third Quarter 2019 Operational Highlights
2C Transaction volume increased to 23,566 units in the third quarter of 2019, representing a year-over-year growth of 107.3%.2B Transaction volume decreased to 30,658 units in the third quarter of 2019, representing a year-over-year decline of 66.6%, as a result of the Companys continuing shift of strategic focus towards its 2C business.2C GMV1 increased to RMB2,828 million in the third quarter... More