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Stock impact report

Zhihu: Bottom Line Improvement Came At The Expense Of Larger Revenue Drop [Seeking Alpha]

Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH) 
Company Research Source: Seeking Alpha
ZH's Q2 2024 bottom line performance improved significantly with operating and net losses narrowing. Zhihu plans to focus on cost optimization to target the achievement of positive earnings for Q4 2024. Revenue for ZH contracted by -11% YoY in the second quarter despite a bottom line beat, and an unfavorable top line outlook has limited the stock's valuation re-rating potential. J Studios/DigitalVision via Getty Images I still rate Zhihu Inc. NYSE: ZH ) [2390:HK] stock as a Hold. I have a Neutral view of ZH's Q2 2024 results. Although Zhihu's losses narrowed substantially in the second quarter, the company paid a hefty price Recommended For You About ZH Stock More on ZH Related Stocks Trending Analysis Trending News Show less Read more
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