ChinaNet Online Holdings, Inc. (NASDAQ:CNET) announced its quarterly earnings results on Wednesday. The business services provider reported ($0.17) earnings per share for the quarter, RTT News reports. ChinaNet Online Holdings had a negative net margin of 15.48% and a negative return on equity of 29.70%. The company had revenue of $13.52 million during the quarter. During the same period in the previous year, the business posted ($0.13) earnings per share.

Shares of ChinaNet Online Holdings (CNET) opened at $1.13 on Friday. ChinaNet Online Holdings has a 1-year low of $0.90 and a 1-year high of $1.99. The company has a current ratio of 1.56, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01.

TRADEMARK VIOLATION NOTICE: “ChinaNet Online Holdings, Inc. (CNET) Announces Earnings Results” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/chinanet-online-holdings-inc-cnet-announces-earnings-results/1709127.html.

ChinaNet Online Holdings Company Profile

ChinaNet Online Holdings, Inc is a holding company that conducts its primary businesses through its subsidiaries and operating entities (the variable interest entities (VIEs)). The Company is a business-to-businesses (B2B), integrated Internet technology company providing online-to-offline (O2O) sales channel expansion, precision marketing and the related data services for small and medium-sized enterprises, and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China.

Earnings History for ChinaNet Online Holdings (NASDAQ:CNET)

Receive News & Ratings for ChinaNet Online Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ChinaNet Online Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.