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TME DOWN: TME beats revenue, misses EPS | Ezbrisk

By: Ezbrisk

Published:

Anomaly score: 0.0

Confidence: 0.75

Market summary

TME beats revenue, misses EPS

Ezbrisk assessment

TME posted solid top-line growth driven by music services and the Ximalaya acquisition, but higher operating costs from the deal and softer social entertainment revenue weighed on profitability, with the market apparently focused on margin compression rather than the beat.

Sources: https://www.sec.gov/Archives/edgar/data/1744676/000095010326012141/dp251620_6k.htm, https://www.sec.gov/Archives/edgar/data/1744676/000095010326012141/dp251620_ex9901.htm

Verdict ID: 881c54df-3bfb-4b48-a5cd-640f4c142e65