2023-05-30 05:43:00 ET
- Huize Holding press release ( NASDAQ: HUIZ ): Q1 GAAP EPS of $0.00.
- Revenue of $43.53M (remain essentially flat Y/Y).
- Gross Written Premiums facilitated on our platform increased by 44.4% year-over-year and 33.4% sequentially to RMB1,932.7 million.
- Cumulative number of insurance clients served increased to approximately 8.7 million as of March 31, 2023.
- As of March 31, 2023, cash and cash equivalents were $33.6 million.
- Outlook: Based on the company’s preliminary assessment of the current market conditions, the company expects to achieve a non-GAAP net profit attributable to shareholders of not less than RMB50 million in 2023.
For further details see:
Huize Holding GAAP EPS of $0.00, revenue of $43.53M; revises FY23 guidance