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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

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Why Is Qutoutiao (QTT) Stock Down 56% Today?
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QTT Stock Analysis - Frequently Asked Questions

Qutoutiao Inc. (NASDAQ:QTT) posted its quarterly earnings data on Tuesday, December, 15th. The company reported ($4.90) EPS for the quarter, missing the consensus estimate of ($1.20) by $3.70. The company earned $163.32 million during the quarter.
Read the conference call transcript
.

Qutoutiao shares reverse split before market open 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 closing bell 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 IPO on Friday, September 14th 2018. The company issued 16,000,000 shares at a price of $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
11/22/2024
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 11/22/2024 by MarketBeat.com Staff
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