Mogu Inc. recently released its financial results, highlighting key performance metrics and business updates. The company reported a significant variation in sales/revenues. Adjusted EBITDA and Adjusted net income/loss were used as supplemental measures to assess operating performance, as the company focuses on identifying underlying trends by excluding certain expenses and other non-recurring items. The non-GAAP measures, while not defined under U.S. GAAP, are used by management to evaluate performance and guide business plans. The company has provided reconciliations of GAAP and non-GAAP results for a comprehensive understanding. Further details on future prospects and business outlook were not specified in this release.
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