Zhihu Inc ADR Down 1.46% To $1.01 After Earnings

Zhihu Inc ADR (ZH) said before open Wednesday that it lost $0.05 per share in quarter three 2023. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. The company reported $140.1 million in revenue

In the same quarter a year ago, the company lost $0.06 per share on revenue of $128.2 million.

The stock is down 1.46% to $1.01 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

Wall Street Analysts had an average rating of Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 42. Meanwhile, the average Wall Street analyst rated the stock a Buy.

Zhihu Inc is a Q&A-inspired online content community in China that primarily offers user-generated content and professionally generated content. It generates revenues from Advertising services, Paid membership services, Content-commerce solutions, and Others. It derives all its revenues within China.