Scalper1 News
Chinese Internet marketplace 58.com (WUBA) beat Wall Street’s Q3 estimates and guided Q4 revenue above expectations, sending its stock up more than 4% in midday trading on the stock market today. The company’s earnings, released early Wednesday in China but late Tuesday in the Western hemisphere, totaled 7 cents a share, down 30% from the year-earlier quarter but beating analyst estimates of a 1-cent loss. Excluding one-time items, earnings Scalper1 News
Scalper1 News