Zhihu rises on strong quarterly results

Zhihu

25/05/2022 12:08

** U.S.-listed shares of Chinese question and answer website
  ZH.N  up ~6% at $1.41 premarket after strong Q1 results
 urn:newsml:reuters.com:*:nPn9qHGPba
    ** Total revenue rose about 55% from last year to 743.2 mln
yuan ($111.4 million) vs est of 725.66 mln yuan - Refinitiv data
    ** Net loss per share narrows to 2.04 yuan from 6.93 yuan a
year earlier
    ** Avg monthly active users reached 101.6 mln in Q1, up
19.4% from the same period last year
    ** Ahead of results, ZH's HK-listed shares  2390.HK  fell
most on Wednesday since debut on April 22  urn:newsml:reuters.com:*:nL2N2XH0EF
    ** Up to Tuesday's close, stock had fallen ~76% YTD


($1 = 6.6736 Chinese yuan renminbi)

 (Reporting by Sohini Podder in Bengaluru)
 ((sohini.podder@thomsonreuters.com))