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Aurora Mobile Q2 Loss Narrows, Revenue Up 13%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Aurora Mobile Limited (JG) Thursday reported net loss of RMB21000 or $4000 for the second quarter, narrower than RMB1 million loss for the same quarter last year.

Aurora Mobile recorded breakeven per share compared with RMB 0.01 loss per share in the prior year.

Excluding one-time items, the company posted adjusted net income of RMB0.8 million or $0.1 million, compared with adjusted net loss of RMB0.4 million a year ago.

Loss from operations was RMB0.9 million or $0.1 million, compared with RMB1.0 million loss in the same quarter of last year.

Revenues increased 13% year-on-year to RMB89.9 million or $12.5 million.

For the third quarter, the company expects revenue to be between RMB88 million and RMB91 million, a 11% - 15% growth year-over-year.

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