TuanChe Limited (TC) 1Q20 Earnings Sneak Peek

TuanChe Limited (NASDAQ:TC) is reporting first quarter financial results on Thursday 2nd July 2020, before market open.

The Company Outlook

Revenue for 1Q20 are expected in a range of $ 1.29 million ~ $ 1.44 million

Stock Performance

According to the previous trading day, closing price of TC was $ 1.56, representing a 39.29 % increase from the 52 week low of $ 1.12 and a 72.14 % decrease over the 52 week high of $ 5.60.

The company has a market capital of $ 118.27 million and is part of the Technology sector and Internet Content & Information industry.

Conference Call

TuanChe Limited will be hosting a conference call at 8:00 AM eastern time on 2nd July 2020, to discuss its 1Q20 financial results with the investment community. The participants may dial, 1-888-346-8982 Toll Free, (United States) or 1-412-902-4272 Toll Number in order to access the live audio call. A replay of the event will be available by calling the dial-in number(s) 1-877-344-7529 Toll Free or 1-412-317-0088 Toll Number, and the passcode is 10145499. A live webcast with presentations will be available on the Internet by visiting the Company website ir.tuanche.com/.

TuanChe Limited, through with its subsidiaries, operates as an omni-channel automotive marketplace in China. It organizes auto shows and group-purchase events that attract various consumers; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. As of June 30, 2018, the company organized 851 auto shows in 196 cities across China.

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