ATRenew reports mixed Q4 earnings; initiates Q1 outlook
- ATRenew press release (NYSE:RERE): Q4 Non-GAAP EPS of $0.02 misses by $0.01.
- Revenue of $432.2M (+22.4% Y/Y) beats by $14.5M.
- Number of consumer products transacted decreased by 17.6% to 7.5 million from 9.1 million in the fourth quarter of 2021.
- For the first quarter of 2023, the company currently expects its total revenues to be between RMB2,770.0 million and RMB2,870.0 million.