CooTek: Q1 Earnings Insights

Shares of CooTek (Cayman) CTK rose 11.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 115.00% over the past year to ($0.00), which beat the estimate of ($0.17).

Revenue of $107,013,000 up by 167.29% from the same period last year, which beat the estimate of $85,500,000.

Guidance

CooTek (Cayman) hasn't issued any earnings guidance for the time being.

Q2 revenue expected between $120,000,000 and $120,000,000.

Details Of The Call

Date: May 15, 2020

Time: 11:20 PM ET

Webcast URL: https://ir.cootek.com/index.php?s=126

Recent Stock Performance

Company's 52-week high was at $10.46

Company's 52-week low was at $4.55

Price action over last quarter: Up 20.81%

Company Description

CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, casual games and scenario-based mobile apps. The company's products are Content-rich Mobile Applications that include Online literature, Casual games, Scenario-based mobile apps such as fitness, healthcare, and Phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from United States.