Full Truck Alliance Co. Ltd. Announces Third Quarter 2024 Unaudited Financial Results
Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM)
Company Research
Source: PR Newswire
GUIYANG, China, Nov. 20, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial and Operational HighlightsTotal net revenues in the third quarter of 2024 were RMB3,031.4 million (US$432.0 million), an increase of 33.9% from RMB2,263.9 million in the same period of 2023. Net income in the third quarter of 2024 was RMB1,121.9 million (US$159.9 million), an increase of 81.4% from RMB618.4 million in the same period of 2023.Non-GAAP adjusted net income[1] in the third quarter of 2024 was RMB1,241.2 million (US$176.9 million), an increase of 50.2% from RMB826.6 million in the same period of 2023.Fulfilled orders[2] in the third quarter of 2024 reached 51.9 million, an increase of 22.1% from 42.5 million in the same period of 2023.Average shipper MAUs[3] in the third quarter of 2024 reached 2.84 milli
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- Are You Looking for a Top Momentum Pick? Why Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- Institutional investors are Full Truck Alliance Co. Ltd.'s (NYSE:YMM) biggest bettors and were rewarded after last week's US$1.3b market cap gain [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. (NYSE: YMM) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $13.00 price target on the stock, up previously from $12.00.MarketBeat
- Full Truck Alliance Co. Ltd. (NYSE: YMM) had its price target raised by analysts at Citigroup Inc. from $13.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
YMM
Earnings
- 11/20/24 - Beat
YMM
Sec Filings
- 12/3/24 - Form SC
- 11/21/24 - Form 144
- 11/20/24 - Form 6-K
- YMM's page on the SEC website