2023-05-17 18:18:48 ET
- ZTO Express press release ( NYSE: ZTO ): Q1 Non-GAAP EPS of $0.35 beats by $0.10 .
- Revenue of $1.31B (+5.6% Y/Y) misses by $20M .
- EBITDA was RMB2,878.0 million (US$419.1 million), compared with RMB1,823.1 million in the same period of last year.
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Adjusted EBITDA was RMB3,133.0 million (US$456.2 million), compared to RMB2,002.1 million in the same period of last year.
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Net cash provided by operating activities was RMB2,738.0 million (US$398.7 million), compared with RMB1,105.4 million in the same period of last year.
- Considering the current market conditions and operations, the Company raises its annual parcel volume projection to be in the range of 29.27 billion to 30.24 billion, representing a 20% to 24% increase year over year.
For further details see:
ZTO Express Non-GAAP EPS of $0.35 beats by $0.10, revenue of $1.31B misses by $20M