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2021-12-21
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Qutoutiao Clocks 14.6% Revenue Decline In Q3 Due To Challenging Macro, Industry Headwinds<blockquote>由于具有挑战性的宏观和行业阻力,趣头条第三季度收入下降 14.6%</blockquote>
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Combined average DAUs reduced 33.2% Y/Y to 26.5 million. The average daily time spent per DAU was 51.9 minutes, compared to 55.3 minutes in Q3 2020.</li> <li><b>Margins: </b>The gross margin expanded 510 bps to 72.2%. The non-GAAP operating loss margin deteriorated to (53.4)% versus (9.7)% last year.</li> <li>Non-GAAP net loss per ADS<b> </b>was $(2.82).</li> <li>Qutoutiao held $133.8 million in cash and equivalents.</li> <li>\"We have observed challenging macro environment and industry headwinds in the third quarter of 2021,\" said Eric Siliang Tan, Chairman, and CEO of Qutoutiao.</li> <li>\"We will focus more on long term sustainability of our business in the coming quarters and years, away from the previous emphasis on growth in the earlier development stages of the company.\"</li> <li><b>Outlook:</b> Qutoutiao sees Q4 revenues of RMB850 million - RMB900 million, equaling $131.92 million - $139.68 million.</li> <li><b>Price Action:</b> QTT shares closed lower by 4.17% at $2.99 on Monday.</li> </ul></p><p><blockquote><ul><li>移动内容平台运营商<b>趣头条公司</b>(纳斯达克股票代码:QTT)公布 2021 财年第三季度收入同比下降 14.6%,至 1.498 亿美元。</li><li>由于互联网和技术行业监管环境收紧,广告和营销收入同比下降15.4%至1.396亿美元。</li><li><b>司机:</b>合并平均MAU同比下降1.7%至1.185亿。综合平均 DAU 同比下降 33.2%,至 2650 万个。每个DAU的平均每天花费时间为51.9分钟,而2020年第三季度为55.3分钟。</li><li><b>保证金:</b>毛利率扩大510个基点至72.2%。非 GAAP 运营亏损率从去年的 (9.7%)% 恶化至 (53.4%)%。</li><li>非 GAAP 每股 ADS 净亏损<b> </b>是$(2.82)。</li><li>趣头条持有1.338亿美元现金及等价物。</li><li>趣头条董事长兼首席执行官 Eric Siliang Tan 表示:“我们在 2021 年第三季度观察到了充满挑战的宏观环境和行业阻力。”</li><li>“未来几个季度和几年,我们将更加关注业务的长期可持续性,而不是之前在公司早期发展阶段对增长的重视。”</li><li><b>展望:</b>趣头条预计第四季度营收为人民币8.5亿元至人民币9亿元,相当于1.3192亿美元至1.3968亿美元。</li><li><b>价格行为:</b>QTT 股价周一收盘下跌 4.17%,至 2.99 美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Combined average DAUs reduced 33.2% Y/Y to 26.5 million. The average daily time spent per DAU was 51.9 minutes, compared to 55.3 minutes in Q3 2020.</li> <li><b>Margins: </b>The gross margin expanded 510 bps to 72.2%. The non-GAAP operating loss margin deteriorated to (53.4)% versus (9.7)% last year.</li> <li>Non-GAAP net loss per ADS<b> </b>was $(2.82).</li> <li>Qutoutiao held $133.8 million in cash and equivalents.</li> <li>\"We have observed challenging macro environment and industry headwinds in the third quarter of 2021,\" said Eric Siliang Tan, Chairman, and CEO of Qutoutiao.</li> <li>\"We will focus more on long term sustainability of our business in the coming quarters and years, away from the previous emphasis on growth in the earlier development stages of the company.\"</li> <li><b>Outlook:</b> Qutoutiao sees Q4 revenues of RMB850 million - RMB900 million, equaling $131.92 million - $139.68 million.</li> <li><b>Price Action:</b> QTT shares closed lower by 4.17% at $2.99 on Monday.</li> </ul></p><p><blockquote><ul><li>移动内容平台运营商<b>趣头条公司</b>(纳斯达克股票代码:QTT)公布 2021 财年第三季度收入同比下降 14.6%,至 1.498 亿美元。</li><li>由于互联网和技术行业监管环境收紧,广告和营销收入同比下降15.4%至1.396亿美元。</li><li><b>司机:</b>合并平均MAU同比下降1.7%至1.185亿。综合平均 DAU 同比下降 33.2%,至 2650 万个。每个DAU的平均每天花费时间为51.9分钟,而2020年第三季度为55.3分钟。</li><li><b>保证金:</b>毛利率扩大510个基点至72.2%。非 GAAP 运营亏损率从去年的 (9.7%)% 恶化至 (53.4%)%。</li><li>非 GAAP 每股 ADS 净亏损<b> </b>是$(2.82)。</li><li>趣头条持有1.338亿美元现金及等价物。</li><li>趣头条董事长兼首席执行官 Eric Siliang Tan 表示:“我们在 2021 年第三季度观察到了充满挑战的宏观环境和行业阻力。”</li><li>“未来几个季度和几年,我们将更加关注业务的长期可持续性,而不是之前在公司早期发展阶段对增长的重视。”</li><li><b>展望:</b>趣头条预计第四季度营收为人民币8.5亿元至人民币9亿元,相当于1.3192亿美元至1.3968亿美元。</li><li><b>价格行为:</b>QTT 股价周一收盘下跌 4.17%,至 2.99 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTT":"趣头条"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193154385","content_text":"Mobile content platform operator Qutoutiao Inc (NASDAQ:QTT) reported a third-quarter FY21 revenue decline of 14.6% year-on-year to $149.8 million.\nAdvertising and marketing revenues decreased 15.4% Y/Y to $139.6 million due to the tightening regulatory environment in the internet and technology sector.\nDrivers: Combined average MAUs declined 1.7% Y/Y to 118.5 million. Combined average DAUs reduced 33.2% Y/Y to 26.5 million. The average daily time spent per DAU was 51.9 minutes, compared to 55.3 minutes in Q3 2020.\nMargins: The gross margin expanded 510 bps to 72.2%. The non-GAAP operating loss margin deteriorated to (53.4)% versus (9.7)% last year.\nNon-GAAP net loss per ADS was $(2.82).\nQutoutiao held $133.8 million in cash and equivalents.\n\"We have observed challenging macro environment and industry headwinds in the third quarter of 2021,\" said Eric Siliang Tan, Chairman, and CEO of Qutoutiao.\n\"We will focus more on long term sustainability of our business in the coming quarters and years, away from the previous emphasis on growth in the earlier development stages of the company.\"\nOutlook: Qutoutiao sees Q4 revenues of RMB850 million - RMB900 million, equaling $131.92 million - $139.68 million.\nPrice Action: QTT shares closed lower by 4.17% at $2.99 on Monday.","news_type":1,"symbols_score_info":{"QTT":0.9}},"isVote":1,"tweetType":1,"viewCount":2923,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/693771094"}
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