Gridsum (GSUM) Latest Earnings Release EPS Down By $-0.73

Gridsum (GSUM) announced its most recent quarterly financial results on Wednesday, Mar-15-2017. GSUM reported $-0.70 earnings per share for the quarter, missing the analyst consensus estimate by $-0.73. Analysts had a consensus of $0.03. The company posted revenue of $153.50 million in the period, compared to analysts expectations of $141.89 million. GSUM’s revenue was up 66.7% compared to the same quarter last year.

Gridsum opened for trading at $12.7 and hit $13 on the upside on Wednesday, eventually ending the session at $12.78, with a gain of 5.79% or 0.7 points. The heightened volatility saw the trading volume jump to 82,583 shares. Company has a market cap of $367 M.


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