Uxin beats by RMB 0.64, beats on revs; guides Q1
- Reports Q4 (Dec) loss of RMB 0.27 per share, excluding non-recurring items, RMB 0.64 better than the two analyst estimate of (RMB 0.91); revenues rose 61.6% year/year to RMB 1.14 bln vs the RMB 1.06 bln single analyst estimate.
- "With the Company's great efforts in executing 2C business initiatives, cross-regional transactions experienced exponential growth towards the end of 2018, and started to contribute an increasingly significant portion of transaction volume as well as revenues."
- Co sees Q1 revs of RMB 900-950 mln (no estimates)
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