2023-05-30 21:41:13 ET
- BEST press release ( NYSE: BEST ): Q1 GAAP EPS of -$1.71.
- Revenue of $249.8M (-12.2% Y/Y).
- Adjusted EBITDA from continuing operations in the first quarter of 2023 was negative RMB206.8 million (US$30.1 million), compared to negative RMB294.6 million in the same period of 2022.
- As of March 31, 2023, cash and cash equivalents, restricted cash and short-term investments were RMB3,171.8 million (US$461.9 million), compared to RMB5,261.1 million as of March 31, 2022. In 2022,
- Net cash used in continuing operating activities in the first quarter of 2023 was RMB163.2 million (US$23.8 million), compared to RMB304.1 million
For further details see:
BEST GAAP EPS of -$1.71, revenue of $249.8M