Zhihu Full Year 2023 Earnings: Beats Expectations

Zhihu (NYSE:ZH) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥4.20b (up 17% from FY 2022).
• Net loss: CN¥843.6m (loss narrowed by 47% from FY 2022).
• CN¥1.41 loss per share (improved from CN¥2.59 loss in FY 2022).

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

Zhihu Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 9.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Zhihu's balance sheet health.

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