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CooTek Announces First Quarter 2021 Unaudited Results

/PRNewswire/ CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today reported unaudited financial results for. ....

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CooTek (Cayman) Inc (CTK) Q1 2021 Earnings Call Transcript

CTK earnings call for the period ending March 31, 2021. ....

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Dr. Karl Zhang Announces the Launch of his New Practice Website

New York, NY (PRWEB) May 13, 2021 Dr. Karl Zhang and his team are experts in minimally invasive procedures, like UFE, to provide a safe alternative to a ....

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CooTek (Cayman) Inc (CTK) Q4 2020 Earnings Call Transcript

CooTek (Cayman) Inc (CTK) Q4 2020 Earnings Call Transcript
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Why CooTek Stock Plummeted on Tuesday

Shares of China-based mobile applications company
CooTek (NYSE:CTK) were slammed on Tuesday. As of 11:30 a.m. EST, the stock was down about 33%.
The tech stock s decline follows the company s third-quarter results. Though CooTek demonstrated strong year-over-year growth, quarterly results were worse than analysts were expecting.
Image source: Getty Images.
So what
Total third-quarter revenue was $105.7 million, up 238% year over year. This was below analysts average forecast for revenue of $112 million. In addition, this top-line figure was down 16% from revenue of $126.4 million in the second quarter.
The company s net loss was $22 million wider than a net loss of $16.2 million in the year-ago quarter. ....

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