ATHM - Autohome reports Q2 beat guides Q3 revenue slightly lower

August, 25 2020 06:18 AM Autohome Inc. American Depositary Shares each representing one class A.

Autohome (NYSE:ATHM) reports Q2 results that beat EPS and revenue estimates.
Q2 highlights: Revenue fell 2.5% y/y to $327.4M.
Revenue breakdown: Media services, RMB932.1M (-9.4%); Leads generation services, RMB841.0M (-5.4%); Online marketplace and others, RMB540.2M (+37.8%).
Cost of revenues was $37.5M and OpEx totaled $181.4M.
Net cash provided by operating activities was $65.9M.
The Company had cash and cash equivalents and short-term investments of ~$1.84B.
Business Outlook: The company forecast Q3 revenue in the range of $317.1M to $322.7M vs. a consensus of $323.54M.
Shares +11.25% YTD.
Previously: Autohome EPS beats by $0.01, beats on revenue (Aug. 25)
More news on: Autohome Inc., Tech stocks news, , Earnings news and commentary,

Company Name:	Autohome Inc. American Depositary Shares each representing one class A.
Stock Symbol:	ATHM
Market:	NYSE
Website:	autohome.com.cn