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NASDAQ:QTT

Qutoutiao (QTT) Stock Price, News & Analysis

Qutoutiao logo

About Qutoutiao Stock (NASDAQ:QTT)

Key Stats

Today's Range
N/A
50-Day Range
$0.18
$0.18
52-Week Range
N/A
Volume
N/A
Average Volume
N/A
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Qutoutiao Inc. is the No. 2 mobile content aggregator in China in terms of monthly average users (MAUs) and daily average users (DAUs). Their flagship mobile application, launched in June 2016, Qutoutiao, meaning “fun headlines“ in Chinese, aggregates articles and short videos and presents customized feeds to users. These feeds are optimized in real time based on each user's profile, behavior and social relationships through their proprietary AI-empowered content recommendation engine. They represent a new generation of technology-driven content platforms and their technology brings relevant information and entertainment to users, stimulates users' desire to read, and ultimately improves the knowledge exchange in society. Their innovative user account system and gamified user loyalty program allows registered users to earn loyalty points by referring new users to register on Qutoutiao, by consuming content or by engaging on Qutoutiao. The gamified loyalty point system not only helps them keep users more engaged and enhance user stickiness, but also enables them to track users' long-term behavior and optimize content recommendation.

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QTT Stock News Headlines

YX Precious Metals Bhd (YXPR)
Rare "crisis signal" triggers for third time in U.S. market
A rare pattern has just repeated for the third time in U.S. history. The last two times this happened, the market crashed 78% (the dot-com bust) and 89% (the Great Depression). Today, according to one of America's leading experts (who has predicted nearly every financial crisis of the last 25 years), what's coming next could soon crash the market by 50% or more, and keep it down for 10, 20, or even 30 years.
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Why Is Qutoutiao (QTT) Stock Down 56% Today?
See More Headlines

QTT Stock Analysis - Frequently Asked Questions

Qutoutiao Inc. (NASDAQ:QTT) announced its quarterly earnings results on Tuesday, December, 15th. The company reported ($4.90) earnings per share for the quarter, missing analysts' consensus estimates of ($1.20) by $3.70. The business had revenue of $163.32 million for the quarter.
Read the conference call transcript
.

Shares of Qutoutiao reverse split on Friday, December 10th 2021. The 1-10 reverse split was announced on Friday, December 10th 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Qutoutiao (QTT) raised $128 million in an initial public offering (IPO) on Friday, September 14th 2018. The company issued 16,000,000 shares at $7.00-$9.00 per share. Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and China Merchants Securities (HK), UBS Investment Ban and KeyBanc Capital Markets were co-managers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Qutoutiao investors own include Alibaba Group (BABA), Meta Platforms (META), NIO (NIO), Hello Group (MOMO), Tesla (TSLA), Zoom Video Communications (ZM) and Baidu (BIDU).

Company Calendar

Last Earnings
12/15/2020
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:QTT
Fax
N/A
Employees
1,110
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$105.01 million
Book Value
($17.36) per share

Miscellaneous

Free Float
16,898,000
Optionable
Optionable
Beta
N/A
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This page (NASDAQ:QTT) was last updated on 12/22/2024 by MarketBeat.com Staff
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