CooTek: Q2 Earnings Insights

Shares of CooTek (Cayman) CTK rose 2.9% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 135.00% year over year to $0.07, which beat the estimate of $0.05.

Revenue of $126,396,000 up by 236.22% from the same period last year, which beat the estimate of $120,450,000.

Guidance

The upcoming fiscal year's revenue expected to be between $500,000,000 and $500,000,000.

How To Listen To The Conference Call

Date: Aug 18, 2020

Time: 08:00 AM

ET Webcast URL: https://ir.cootek.com/index.php?s=19#future:2020:8

Technicals

52-week high: $7.45

52-week low: $4.55

Price action over last quarter: Up 7.86%

Company Overview

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.

Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...