Zhihu (ZH) has released an update.
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Zhihu Inc., a prominent online content community in China, has reported its unaudited financial results for Q1 2024, noting a slight decrease in total revenues to RMB960.9 million compared to the previous year, but an improvement in gross margin to 56.6%. The company narrowed its net loss by 7.4% to RMB165.8 million and remains focused on achieving profitability, backed by enhanced user engagement and strategic investments in AI.
For further insights into ZH stock, check out TipRanks’ Stock Analysis page.
