Lanting collection of potential IPO after its first earnings after the “poor” shares tumbled nearly 40%

(editor: qing nan)

today early morning, released the first IPO after the lanting set potential earnings, if only from a number of indicators, earnings is “bright eye”, but the capital market is more “greedy”, due to revenue in the second quarter, third quarter earnings outlook is less than market expectations, also makes the lanting has experienced the change of the roller coaster set potential shares.

since disc rose, regular and up to a slump in after-hours trading, shares his face big change, also makes the previous bullish on The Times earnings losses of investors.

look at first part of the earnings data:

– revenue: lanting collection of potential in the second quarter net revenue of $72.2 million, compared with $47.3 million over the same period last year growth of 52.6%, mainly due to the total number of customers in the first quarter growth of 140.0%, from 500000 up to 1.2 million last year;

– lanting collection of potential in the second quarter gross margin of 46.0%, compared with the same period last year 41.7% growth in 430 basis points.

– lanting collection of potential in the second quarter net profit of $600000, a net loss of $1.4 million over the same period last year. Lanting collection of potential in the second quarter net profit margin was 0.9%, 2.9% over the same period of last year;

– not in accordance with us gaap, lanting collection of potential adjusted operating profit of $3.9 million, in the second quarter of last year to $10000. Not in accordance with us gaap, LAN pavilion set potential adjusted operating margins of 5.4% in the second quarter, up from 0.0% a year ago;

– lanting collection of potential in the second quarter from the customer repeat sales revenue of $23.4 million, 123.7% more than last year.

at the same time, the gross profit was $33.2 million, more than $19.7 million over the same period last year growth of 68.5%; North and South America revenues than the same period last year increased by 16.3% and 16.3% respectively;

on the surface of these data growth is good, but in the second quarter revenue and earnings prospects failed to meet market expectations in the third quarter of:

lanting collection of potential net revenue of $72.2 million in the second quarter of this year, more than $47.3 million over the same period last year growth of 52.6%, but less than market analyst estimate of $75.8 million.

lanting collection of potential revenue in the third quarter of this year is expected to between $68 million to $70 million, while Thomson Reuters analysts estimated at $75.8 million.

shares tumbled after the resulting plate.

last night, so in the New York stock exchange in lanting set potential opened at $19.15. By factors effect on the performance and optimistic market, the stock price in regular trading, rose $0.24 to $19.27. After the results, however, due to the weaker than expected performance factors, stock prices began to turn down, people began to panic selling. By 7:30, Beijing time has tumbled 38.25%, the share price is $11.90, almost close to the first-day closing price.

this is us capital markets fully the laws of the game: overseas investors see is not necessarily your profit, he is more concerned about how much space to grow up.

prior to the earnings release, snowball, domestic investment community has a lot of LAN pavilion set potential are optimistic, the reason is that the more gratifying results. However there are also many investors remain cautious, because too many people are like.