China Finance Online Co. Ltd. (JRJC) reported a net loss for the third quarter of US$1.03 million or US$0.05 per ADS, compared to net income of US$4.77 million or US$0.21 per ADS in the year-ago quarter.
Non-GAAP net income for the quarter fell to US$600 thousand or US$0.03 per ADS from US$6.38 million or US$0.28 per ADS in the same quarter
Revenues for the quarter decreased to US$14.58 million from US$15.23 million in the prior-year quarter.
Two analysts polled by Thomson Reuters expected the company to report a loss of US$0.06 per ADS, on revenues of US$12.99 million for the quarter. Analysts estimates typically exclude special items.
Looking ahead for the fourth quarter, the company expects to generate net revenues in an amount ranging from US$13.0 million to US$14.0 million, compared to US$15.28 million. Analysts currently expect revenues of US$13.52 million for the fourth quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.