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Stock impact report

Wecast Network reports Q1 earnings per share $0.04 [Reuters]

WECAST NETWORK INC (WCST) 
US:NASDAQ Investor Relations: corporate.wecastnetworkinc.com
Company Research Source: Reuters
7:14am EDT   May 15 (Reuters) - Wecast Network Inc :Wecast Network reports Q1 2017 results.Q1 earnings per share $0.04.Sees FY 2017 revenue $300 million.Wecast Network Inc says revenue for three months ending March 31, 2017 was $33.2 million as compared to $1.3 million for same period in 2016.Wecast Network Inc - reiterating full year top line revenue guidance of $300 million usd.Wecast Network Inc - "expect gross margins to expand" as the year continues.  Show less Read more
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