ChinaNet Online (CNET) Releases Quarterly Earnings Results

ChinaNet Online (NASDAQ:CNET) announced its earnings results on Tuesday. The business services provider reported ($0.04) EPS for the quarter, RTT News reports. ChinaNet Online had a negative net margin of 21.71% and a negative return on equity of 43.46%. The company had revenue of $8.26 million for the quarter.

Shares of ChinaNet Online traded down $0.03, hitting $2.86, during mid-day trading on Wednesday, according to Marketbeat Ratings. 600 shares of the company traded hands, compared to its average volume of 414,728. ChinaNet Online has a 1 year low of $0.90 and a 1 year high of $11.90. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.01.

ChinaNet Online Company Profile

ChinaNet Online Holdings, Inc, through its subsidiaries, operates an integrated service platform that provides advertising and marketing services in the People's Republic of China. Its platform comprises CloundX, an omni-channel advertising and marketing system; and a data analysis management system.

Earnings History for ChinaNet Online (NASDAQ:CNET)

Receive News & Ratings for ChinaNet Online Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ChinaNet Online and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply