36Kr (NASDAQ:KRKR) Posts Quarterly Earnings Results, Beats Expectations By $0.64 EPS

36Kr (NASDAQ:KRKR) announced its quarterly earnings data on Thursday. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.64, FiscalAI reports. The company had revenue of $9.17 million for the quarter, compared to analysts’ expectations of $10.51 million.

Here are the key takeaways from 36Kr’s conference call:

• Revenue rose 33.7% year over year to RMB 124.6 million, while gross profit increased 63.1% to RMB 82.7 million and gross margin expanded to 66.4% from 54.4%. Management attributed the improvement to strong AI-sector advertising demand, cost controls, and a higher-margin customer mix.
• Online advertising revenue grew 38.9% to RMB 103.5 million, with short-video commercialization revenue approximately doubling. New customers accounted for about one-third of the customer base, led by AI foundation models, robotics, and embodied intelligence.
• The company reported RMB 15.4 million in net income versus a RMB 4.8 million net loss a year earlier, while cash, restricted cash, and short-term investments increased 6.9% to RMB 124.2 million. Management emphasized disciplined spending and said it would pursue only investments with a clear path to returns.
• 36Kr is positioning industrial services as a growing “profit amplifier” alongside content advertising, with ongoing regional operations in Hangzhou and more than 100 AI industry matchmaking sessions at its Beijing summit. Management expects industrial services to represent a steadily larger share of the business while content advertising remains the core revenue base.
• Subscription services revenue declined to RMB 5.8 million from RMB 6.4 million, while other expenses increased to RMB 7.7 million, primarily because of losses on long-term investments. General and administrative expenses also rose 20.5%, driven by higher doubtful-account provisions and payroll costs.

36Kr Stock Performance

Shares of KRKR stock opened at $3.16 on Friday. The stock’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $3.43. 36Kr has a twelve month low of $2.50 and a twelve month high of $21.36. The company has a market capitalization of $6.24 million, a price-to-earnings ratio of -0.93 and a beta of 0.50.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of 36Kr in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

36Kr Company Profile

Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China‐based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in‐depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription‐based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.