36Kr (NASDAQ:KRKR) Posts Earnings Results, Beats Estimates By $0.64 EPS

by · The Markets Daily

36Kr (NASDAQ:KRKR – Get Free Report) released its earnings results on Thursday. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.64, FiscalAI reports. The firm had revenue of $9.17 million during the quarter, compared to analysts’ expectations of $10.51 million.

36Kr Trading Up 4.3%

Shares of NASDAQ:KRKR opened at $3.34 on Thursday. The stock has a fifty day simple moving average of $2.85 and a two-hundred day simple moving average of $3.44. 36Kr has a 12-month low of $2.50 and a 12-month high of $21.36. The stock has a market capitalization of $6.58 million, a price-to-earnings ratio of -0.98 and a beta of 0.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of 36Kr in a report on Friday, July 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

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36Kr Company Profile

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Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China‐based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in‐depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription‐based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.

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