Aurora Mobile (JG) has released an update.
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Aurora Mobile Limited reported a 7% year-over-year revenue increase to RMB79.1 million for Q3 2024, driven by strong growth in developer subscription and EngageLab businesses. Despite a narrowing net loss of RMB2.2 million, the company achieved its fifth consecutive quarter of positive adjusted EBITDA. Operating expenses decreased by 5%, showcasing effective cost management amid expanding services.
For further insights into JG stock, check out TipRanks’ Stock Analysis page.
