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WDH - Waterdrop GAAP EPS of $0.00 revenue of $102.33M
Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A)
Waterdrop press release (NYSE:WDH): Q1 GAAP EPS of $0.00. Revenue of $102.33M (-26.6% Y/Y). As of March 31, 2022, the Company had combined cash and cash equivalents and short-term investments of $461.3M, as compared with RMB2,787.1 million as of December 31, 2021. The company expects to achieve overall profitability on a non-GAAP basis for the year 2022 under the circumstances that we keep investing in established businesses and new initiatives. We also expect the net operating revenue growth to continue quarter over quarter in the second quarter of 2022.