SMS: Easy Car net in the third quarter net profit exceeded analyst expectations

Beijing time November 14 Evening News, Easy Car Network (Nyse:bita) released today as of September 30, the third quarter of fiscal year 2014. Revenue of 608 million yuan (about 99 million U.S. dollars), the year-on-year growth of 60.7%. Based on non-US General Accounting Standards (NON-GAAP), the profit was 143.9 million yuan (about 23.4 million U.S. dollars), up 85.3%.

According to Yahoo's financial data, 3 of Wall Street analysts expect the basic earnings of the US Depository Receipts (ADS) to be 0.49 U.S. dollars per share in the third quarter, not according to the US General Accounting Standards (NON-GAAP). Earnings show, easy car net third quarter ads per share of non-US general accounting standards, the basic income of 0.51 U.S. dollars, higher than analysts expected.

In addition, the average 3 analysts on Wall Street expected the third-quarter revenue of the net to be 94.03 million dollars. In the third quarter, the net was 9900 dollars higher than analysts had expected, according to earnings reports.