Tuniu (TOUR) Misses Q3 EPS by 3c, Beats on Revenues

Tuniu (NASDAQ: TOUR) reported Q3 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $121.2 million versus the consensus estimate of $117.63 million.

Highlights for the Third Quarter of 2017

• Net revenues in the third quarter of 2017 was RMB806.1 million (US$121.2 million[1]), an increase of 53.5% year-over-year when compared with Non-GAAP[2] net revenues in the third quarter of 2016.
• Gross profit in the third quarter of 2017 was RMB440.9 million (US$66.3 million), an increase of 73.5% year-over-year when compared with Non-GAAP gross profit in the third quarter of 2016.
• Non-GAAP net income in the third quarter of 2017 was RMB39.7 million (US$6.0 million), compared with a Non-GAAP net loss of RMB496.7 million in the third quarter of 2016.

For earnings history and earnings-related data on Tuniu (TOUR) click here.

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