Aurora Mobile (JG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Aurora Mobile Limited, a leading Chinese provider of customer engagement and marketing technology, reported an 8% year-over-year revenue increase to RMB79.4 million ($10.9 million) for Q2 2024. The company achieved a significant reduction in net loss to RMB1.3 million ($0.2 million), down from RMB23.7 million in the previous year, and marked its fourth consecutive quarter of positive adjusted EBITDA. These results reflect robust growth in Developer and Vertical Applications revenues and effective control over operating expenses.
For further insights into JG stock, check out TipRanks’ Stock Analysis page.