MOGU Inc. ($MOGU) 2Q21 Earnings Sneak Preview

MOGU Inc. (NYSE:MOGU) is reporting second quarter earnings results on Monday 30th November 2020, before market open.

Previous Quarter Performance

MOGU Inc. disclosed loss for the first quarter of $ 0.12 per share, from the revenue of $ 18.75 million. Street analysts expected MOGU Inc. to report loss of $ 0.06 per share on revenue of $ 22.38 million for the first quarter. The bottom line results missed street analysts by $ 0.06 or 100 percent, at the same time, top line results fell short of analysts by $ 3.63 million or 16.22 percent.

Stock Performance

Shares of MOGU Inc. traded low $ -0.11 or -3.86 percent on Friday, reaching $ 2.74 with volume of 687.90 thousand shares. MOGU Inc. has traded high as $ 3.01 and has cracked $ 2.67 on the downward trend

According to the previous trading day, closing price of $ 2.74, representing a 223.86 % increase from the 52 week low of $ 0.88 and a 58.39 % decrease over the 52 week high of $ 6.85.

The company has a market capital of $ 297.20 million and is part of the Consumer Cyclical sector and Specialty Retail industry.

Conference Call

MOGU Inc. will be hosting a conference call at 6:30 AM eastern time on 30th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mogu-inc.com

MOGU Inc. operates as an online fashion and lifestyle destination in China. It operates a platform that enables users to discover and share latest fashion trends through its community.

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