Qutoutiao Earlier Reported Q4 Adj. EPS $(0.03) Up From $(0.27) YoY, Sales $199.60M Miss $212.38M Estimate

Benzinga2021-03-04

Qutoutiao (NASDAQ:QTT) reported quarterly losses of $(0.03) per share. This is a 88.89 percent increase over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $199.60 million which missed the analyst consensus estimate of $212.38 million by 6.02 percent. This is a 16.20 percent decrease over sales of $238.20 million the same period last year.

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