Brief: Waterdrop Inc Announces Second Quarter 2021 Unaudited Financial Results

Waterdrop

08/09/2021 09:10

Sept 8 (Reuters) - Waterdrop Inc  717y.F :
    * ANNOUNCES SECOND QUARTER 2021 UNAUDITED FINANCIAL RESULTS
    * Q2 REVENUE ROSE 38 PERCENT TO RMB 939.4 MILLION
    * BOARD OF COMPANY HAS APPROVED A SHARE REPURCHASE PROGRAM
    * APPROVED SHARE REPURCHASE PROGRAM TO REPURCHASE ITS OWN
ORDINARY
SHARES IN FORM OF AMERICAN DEPOSITORY SHARES OF UP TO US$50
MILLION
    * COMPANY EXPECTS TO FUND REPURCHASE OUT OF ITS EXISTING
CASH
BALANCE
    * QTRLY NET LOSS PER SHARE RMB 0.24
    * EXPECTS TO MATERIALLY REDUCE SALES AND MARKETING EXPENSES
COMPARED TO Q2 OF 2021

Source text for Eikon:  ID:nPnbZf8WZa 
Further company coverage:  717y.F 

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