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0 0.115537848605578 0.171314741035856 0.155378486055777 0.250996015936255 0.49402390438247 0.585657370517928 0.479123505976096
Stock impact report

ChinaNet Online Holdings Reports Fourth Quarter and Full Year 2017 Unaudited Financial Results

ZW Data Action Technologies Inc. (CNET) 
US:NASDAQ Investor Relations: investor.chinanet-online.com
Company Research Source: GlobeNewswire
BEIJING, April 17, 2018 (GLOBE NEWSWIRE) -- ChinaNet-Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing and data-analysis and management services platform, today announced its unaudited financial results for the fourth quarter of 2017 and audited financial results for the full year of 2017. Fourth Quarter 2017 Highlights Net revenues increased by 64.1% to $15.3 million from $9.4 million in the corresponding period of 2016.Revenues from search engine marketing and data service increased by 121.1% to $13.1 million from $5.9 million in the corresponding period of 2016.Total operating expenses as a percentage of total revenue decreased to 40.7% from 42.9% in the corresponding period of 2016. Full Year 2017 Highlights Net revenues increased by 34.2% to $46.6 million from $34.8 million in 2016.Revenues from search engine marketing and data service increased by 111.9% to $37.4 from $17.6 million in 2016.Total operat Show less Read more
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