Autohome (ATHM) Reports In-Line Q1 EPS, Revenues Miss; Offers 2Q Revenue Guidance Below Consensus
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Autohome Inc. Announces Unaudited First Quarter Ended March 31, 2020 Financial Results
June 1, 2020 6:00 AM EDTBEIJING, June 1, 2020 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.
First Quarter 2020 Highlights[1]
Net Revenues in the first quarter of 2020 were RMB1,546.6 million ($218.4 million), in line with the Company's guidance. Online Marketplace and Others Revenues in the first quarter of 2020 were RMB309.9 million ($43.8 million), which contributed to 20% of total revenues, compared to 15% in the corresponding... More