Aurora Mobile Q2 Revenue Jumps 13% as Developer Services Surge 24%
JG sits 96% above its 52-week low of $3.2.
Summary
Aurora Mobile reported Q2 revenue of RMB 101.2 million, up 13% year-over-year, driven by a 24% jump in Developer Services. EngageLab's ARR hit US$14.6 million, up 170% year-over-year, marking its best quarter. Adjusted net income was RMB 2.4 million and adjusted EBITDA RMB 3.8 million, both higher than a year ago. The company also repurchased 43,808 ADSs during the quarter. No specific guidance was provided for future quarters.
At the time of this announcement, JG was trading at $6.26 on NASDAQ in the Technology sector, with a market capitalization of approximately $37.6M. The 52-week trading range was $3.20 to $11.07. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.