ATRenew (RERE) reported Q4 adjusted net income Wednesday of 0.86 Chinese renminbi ($0.12) per diluted share, up from 0.76 renminbi a year earlier.

An analyst polled by FactSet expected 0.81 renminbi.

Net revenue for the quarter ended Dec. 31 was 6.25 billion renminbi, compared with 4.85 billion renminbi a year earlier.

An analyst polled by FactSet expected 6.12 billion renminbi.

The company said it expects Q1 revenue of 5.86 billion renminbi to 5.96 billion renminbi.

ATRenew shares were up more than 1% in premarket hours Wednesday.