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China Finance Online Posts Narrow Loss Per ADS In Q3 - Quick Facts

China Finance Online Co. Limited (JRJC), Thursday reported a marginally narrow third-quarter net loss of $3.1 million or $0.14 per ADS, compared with $3.5 million or $0.16 per ADS last year. On a per share basis, net loss for the quarter was $0.03 for both the comparable periods.

China Finance said its net revenues for the quarter fell to $7.2 million from $13.5 million last year.

Gross margin for the quarter was lower at 75.5%, as against 83.0% in the prior year.

by RTTNews Staff Writer

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