Rlx Technology Inc ADR (RLX) said before open Wednesday that it earned $0.073 per share in quarter two 2022. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. The company reported $333.5 million in revenue
In the same quarter a year ago, the company earned $0.092 per share on revenue of $393.6 million.
The stock is down 2.03% to $1.21 after the report.
Rlx Technology Inc ADR's profit margins took a hit as earnings fell at a faster pace than revenues.
Trading in the five days leading up to the report earned Rlx Technology Inc ADR a Bearish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 31.
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market.
News Home
Rlx Technology Inc ADR Down 2.03% To $1.21 After Earnings
Mentioned in this article
