36Kr (NASDAQ:KRKR) Posts Quarterly Earnings Results, Beats Estimates By $0.64 EPS

36Kr (NASDAQ:KRKR) posted its quarterly earnings results on Thursday. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.64, FiscalAI reports. The firm had revenue of $9.17 million for the quarter, compared to analysts’ expectations of $10.51 million.

36Kr Price Performance

36Kr stock opened at $3.34 on Thursday. 36Kr has a one year low of $2.50 and a one year high of $21.36. The business’s fifty day moving average is $2.85 and its 200 day moving average is $3.44. The stock has a market capitalization of $6.58 million, a PE ratio of -0.98 and a beta of 0.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of 36Kr in a report on Friday, July 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 36Kr presently has an average rating of “Sell”.

36Kr Company Profile

Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China?based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in?depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription?based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.