YOOZOO Interactive Third Quarter 2024 Earnings: Misses Expectations

YOOZOO Interactive (SZSE:002174) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥295.3m (down 11% from 3Q 2023).
• Net income: CN¥573.7k (down 99% from 3Q 2023).
• Profit margin: 0.2% (down from 19% in 3Q 2023).
• EPS: CN¥0.001 (down from CN¥0.045 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

YOOZOO Interactive Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 99%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 2.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for YOOZOO Interactive that you need to take into consideration.

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