China's Aurora Mobile Q2 revenue rises on Developer Services growth - JG News | RalliesChina's Aurora Mobile Q2 revenue rises on Developer Services growth
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JG• Outlook
- Company did not provide specific guidance for future quarters or the full year
Key details
| Metric | Actual |
|---|
| Q2 Revenue | RMB 101.20 mln |
| Q2 Adjusted Net Income | RMB 2.40 mln |
| Q2 Net Income Attributable | RMB 1.9 mln |
| Q2 Adjusted EBITDA | RMB 3.80 mln |
| Q2 Income From Operations | RMB 1.60 mln |
| Q2 Operating Expenses | RMB 67.60 mln |
Result drivers
- Developer Services growth - Revenue rose 24% yr/yr in Developer Services, which offset a 16% decline in Vertical Applications
- EngageLab performance - EngageLab's ARR reached US$14.6 mln, up 170% yr/yr, marking its best quarter
- Cost structure - Cost of revenues increased due to higher direct costs from overseas business, partly offset by lower media and message channel costs
Quarterly performance
- China customer engagement tech firm's Q2 revenue rose 13% yr/yr, driven by Developer Services
- Adjusted net income and adjusted EBITDA for Q2 both increased yr/yr
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