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Express News | Zhihu Q3 Adj EPADS $(0.01) Up From $(0.30) YoY, Sales $120.42M Down From $140.10M YoY
Zhihu's Q3 2024 financial report: Revenue of 0.845 billion yuan, net loss decreased by 96.8% year-on-year.
On November 26, Zhihu (NYSE: ZH; HKEX: 2390) released its performance report for the third quarter of 2024. The financial report shows that Zhihu's revenue in the third quarter was 0.845 billion yuan, and the net loss decreased by 96.8% year-on-year to 9 million yuan, setting a new record for the largest reduction in losses and the smallest net loss amount in a single quarter since its listing, exceeding market expectations. The AI search product Zhihu ZhiDa continued to maintain high growth in the third quarter and launched the new feature "professional search" at the end of October, entering a stage of deeper search capability expansion that is more professional and practical. The net loss fell below 10 million, accelerating.
Zhihu Inc. Announces Q3 2024 Financial Results
Zhihu-W (02390) benefited from enhanced commercialization capabilities and improved operation efficiency. In the third quarter, the gross margin expanded to 63.9%.
zhihu-W (02390) announced the financial performance for the third quarter of 2024, with a total revenue of 0.845 billion yuan, gross profit...
Earnings Scheduled For November 26, 2024
Zhihu (ZH.US) will release its financial report before the market opens on November 26.
$Zhihu (ZH.US)$ will release its financial report before the market opens on November 26, and investors are advised to pay attention. How was the previous performance? $Zhihu (ZH.US)$ had revenue of 0.934 billion yuan in Q2 2024, a net income of -80.595 million yuan, and an eps of -0.90 yuan. In Q3 2023, it had revenue of 1.022 billion yuan, a net income of -0.278 billion yuan, and an eps of -2.82 yuan. The accounting standards used for the above data are US_GAAP. Futubull notes: 1. The accounting year division of Hong Kong and U.S. listed companies has no strict regulations and is entirely decided by the company itself, therefore every
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