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Autohome Shares Gain After Q2 Non-GAAP Earnings, Revenue Rise
Autohome released its Q2 earnings reports, with adjusted net profit exceeding expectations. The new retail business continued to expand, and online and offline integration accelerated.
Hong Kong, July 31, 2024 / PRNewswire / - Autohome, China's leading automobile internet service platform (NYSE stock code: ATHM; HKEX stock code: 2518), announced its second quarter financial performance this year. The company's total revenue in the second quarter was 1.87 billion yuan, an increase of 2.2% year-on-year. Online marketing and other business income continued to maintain double-digit year-on-year growth, accounting for 33.1% of revenue. The momentum of data products, new energy and other businesses is strong, with revenue growth rates exceeding 15% and close to doubling year-on-year respectively. Adjusted net income attributable to Autohome was 5.
Autohome Reports Growth and Innovation in Q2 2024
Autohome | 6-K: Report of foreign private issuer (related to financial reporting)
Autohome Q2 2024 Adj. Earnings Per ADS RMB4.71 Beats RMB4.09 Estimate, Sales RMB1.873B Inline
Autohome Non-GAAP EPADS of $0.65 Beats by $0.09, Revenue of $257.7M Misses by $1.73M
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