ATRenew (formerly AiHuiShou, RERE) shares declined 6.4% during Wednesday's early U.S. trading session. The company reported second-quarter GAAP earnings per share of $0.09 and revenue of $696.8 million, representing a 32.2% year-over-year increase, with both metrics surpassing expectations.
The company projects third-quarter revenue to reach RMB 5.05 billion to RMB 5.15 billion, with the continued growth trajectory reflecting robust market demand.
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