Full Truck Alliance Q1 Adjusted Earnings, Revenue Rise; Q2 Sales Outlook Set

MT Newswires Live
21 May

Full Truck Alliance (YMM) reported Q1 non-GAAP earnings Wednesday of 1.32 Chinese renminbi ($0.18) per diluted American depositary share, up from 0.72 renminbi a year earlier.

Analyst estimates were not readily available for comparison.

Net revenue for the quarter ended March 31 was 2.7 billion renminbi compared with 2.27 billion renminbi a year earlier.

Three analysts surveyed by FactSet expected 2.66 billion renminbi.

For Q2, the company expects net revenue of 3.06 billion renminbi to 3.12 billion renminbi. Two analysts surveyed by FactSet expect 3.07 billion renminbi.

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