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ZW Data Action Technologies Inc - CNET STOCK NEWS

Welcome to our dedicated news page for ZW Data Action Technologies (Ticker: CNET), a resource for investors and traders seeking the latest updates and insights on ZW Data Action Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZW Data Action Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
ZW Data Action Technologies Inc. received a notice from Nasdaq for failing to file its Annual Report on Form 10-K, risking delisting from the Nasdaq Stock Market. The company has until June 17, 2024, to file the report or submit a compliance plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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none
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Rhea-AI Summary
ZW Data Action Technologies Inc. (Nasdaq: CNET) announced a strategic partnership with Digital Life (Guangdong Hengqin) Technology Co., Ltd. to develop a specialized AI model tailored for the franchise industry. The collaboration aims to leverage AI-driven methodologies to amplify digital marketing capabilities by integrating and analyzing diverse key data types. The initial test version of the first application tool is planned for release in the first quarter of 2024, with the goal of developing a series of efficient marketing tools, including content creation services and AI digital humans, to enhance efficiency and accuracy in content production, business decision-making, and post-sale management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
52.86%
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partnership AI
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Rhea-AI Summary
ZW Data Action Technologies Inc. (Nasdaq: CNET) announced its unaudited financial results for the third quarter of 2023, showing a 27.2% increase in revenues to $9.18 million and a 26.4% increase in total cost of revenues. The company reported a gross loss of approximately $0.004 million and a net loss of $1.52 million for the quarter. For the first nine months of 2023, revenues increased by 16.1% to $25.32 million, with a gross loss of $0.43 million. The company had cash and cash equivalents of $1.31 million as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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Rhea-AI Summary
ZW Data Action Technologies Inc. announces Q2 2023 financial results with revenues increasing by 41.4% to $9.82 million and cost of revenues increasing by 41.3% to $9.93 million. Gross loss margin remains at 1%. Operating loss margin improves to 14% from 39% in Q2 2022. Net loss for Q2 2023 is $1.40 million. For H1 2023, revenues increase by 10.5% to $16.14 million and cost of revenues increase by 13.9% to $16.56 million. Gross loss margin is 2.6%. Operating loss margin improves to 16% from 29% in H1 2022. Net loss for H1 2023 is $2.55 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
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Rhea-AI Impact
Rhea-AI Sentiment
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-0.7%
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Rhea-AI Impact
Rhea-AI Sentiment
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-5.88%
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Rhea-AI Impact
Rhea-AI Sentiment
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17.82%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
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5.03%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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ZW Data Action Technologies Inc

Nasdaq:CNET

CNET Rankings

CNET Stock Data

7.20M
5.91M
17.94%
0.01%
0.06%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
China (Mainland)
Beijing

About CNET

chinanet online holdings is a internet company based out of beijing. chinanet online holdings representatives, don’t miss out on opportunities to build relationships with members on linkedin. claim your page, write a simple description, and share content to attract followers that can lead to new customers, brand fans, and future employees. go here to get started: http://linkd.in/1dupbvu