ATRenew beats Q2 estimates and issues Q3 outlook

Earnings
โดย Seeking Alpha·CN·Read original
Summary · why it matters

ATRenew reported second-quarter results that beat analyst expectations on both revenue and profit. Non-GAAP earnings per share came in at $0.14, exceeding estimates by $0.05, while revenue rose 39.8% year-over-year to $974.1 million, beating forecasts by $39.06 million. The company also provided third-quarter guidance, projecting total revenues between RMB6,340.0 million and RMB6,440.0 million, which would represent an increase of 23.1% to 25.1% from a year earlier. Cash and cash equivalents, restricted cash, short-term investments and funds receivable from third party payment service providers totaled RMB2,157.2 million, or US$317.9 million, as of June 30, 2026, compared with RMB2,187.4 million at the end of 2025.

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