Tuniu Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results
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Tuniu (TOUR) Reports Q4 Loss of $1.11, Revenues Miss
March 16, 2021 6:06 AM EDTTuniu (NASDAQ: TOUR) reported Q4 EPS of ($1.11), versus $0.00 reported last year. Revenue for the quarter came in at $18.2 million versus the consensus estimate of $24.95 million.
Fourth Quarter 2020 Results
Net revenues were RMB118.7 million (US$18.2 million[1]) in the fourth quarter of 2020, representing a year-over-year decrease of 73.7% from the corresponding period in 2019. The decrease was primarily due to the negative impact brought by the... More