ATRenew Inc (RERE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]
ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) (RERE)
Company Research
Source: Yahoo! Finance
ATRenew Inc ( NYSE:RERE ) reported a total revenue of 4.05 billion for Q3 2024, marking a year-over-year growth of 24.4%. The company's core recycling business revenue in mainland China increased by over 30% year-over-year, significantly outpacing the overall market growth. ATRenew Inc ( NYSE:RERE ) achieved its first GAAP operating income of 24.9 million, indicating improved profitability. The multicategory recycling business saw a 270% year-over-year increase in transaction value, contributing significantly to service revenue. The company plans to accelerate store openings in the next 2 to 3 years to meet growing demand and enhance brand awareness. Despite growth, the company's fulfillment expenses increased by 20.7%, impacting overall profitability. Selling and marketing expenses rose by 5.3%, driven by higher advertising and promotional costs. General and administrative expenses, excluding certain costs, increased by 9.5%, primarily due to personnel and office-relat
Show less
Read more
Impact Snapshot
Event Time:
RERE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RERE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RERE alerts
High impacting ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) news events
Weekly update
A roundup of the hottest topics
RERE
News
- Why ATRenew Inc. (RERE) Is Among the Chinese Penny Stocks to Buy According to Analysts? [Yahoo! Finance]Yahoo! Finance
- Presenting on the Emerging Growth Conference 77 Day 1 on December 4th Register Now [Yahoo! Finance]Yahoo! Finance
- Presenting on the Emerging Growth Conference 77 Day 1 on December 4th Register NowGlobeNewswire
- ATRenew Inc. Included in UNGC's Forward Faster Campaign for Sustainable Development Contributions in China's Private Sector [Yahoo! Finance]Yahoo! Finance
- ATRenew Inc. Included in UNGC's Forward Faster Campaign for Sustainable Development Contributions in China's Private SectorPR Newswire
RERE
Sec Filings
- 11/20/24 - Form 6-K
- 11/7/24 - Form SC
- RERE's page on the SEC website