Aurora Mobile Limited Stock Price, News & Analysis

Aurora Mobile Limited (NASDAQ: JG) announced updates on its partnership with China Merchants Fund. Utilizing the JG Unification Messaging System (UMS), the partnership aims to enhance messaging management and operational efficiency for China Merchants Fund, which manages 33 open-end funds and sends over 100 million daily push messages. JG UMS integrates nine major messaging channels into one platform, simplifying operations and reducing costs. This innovative solution aims to improve user engagement and conversion rates for fund management, supporting a seamless communication strategy for diverse user needs.

Aurora Mobile (NASDAQ: JG) reported its Q3 2021 financial results, revealing revenues of RMB90.5 million (US$14.0 million), a 17% decline year-over-year, primarily due to the exit from the Targeted Marketing business. However, revenues from its SAAS Businesses grew by 38% to RMB90.5 million, with gross profit increasing by 32% to RMB67.4 million. The gross margin was 74.4%. The company reported a net loss of RMB35.6 million, improved from RMB43.7 million in the same quarter last year. Full-year revenue guidance is projected between RMB350 million to RMB360 million, reflecting a 36% to 40% increase.

Aurora Mobile Limited (NASDAQ: JG) has launched its verification service, JVerification, and customized service package on HUAWEI CLOUD, following rigorous testing. This collaboration underscores Aurora Mobile's reputation for technical reliability. The JVerification SDK enhances mobile app user security and registration efficiency. As of June 30, 2021, Aurora Mobile's SDKs had been implemented in over 1.76 million apps, with 52.5 billion installations. The company aims to further deepen its partnership with HUAWEI CLOUD to support developers in growing their applications.

Aurora Mobile Limited (NASDAQ: JG) announced its unaudited financial results for Q3 2021 will be released on November 23, 2021, before U.S. market open. A conference call is scheduled for the same day at 7:30 a.m. E.T.. Due to COVID-19, operator-assisted calls are unavailable; participants must register online to join. A replay will be accessible until November 30, 2021. Aurora Mobile, founded in 2011, provides mobile developer services in China, focusing on push notifications, verification, and app monetization.

Aurora Mobile Limited (NASDAQ: JG) announced that its product, JPush Private Cloud, has successfully passed compatibility certifications for Kirin Software’s Galaxy Kirin and China Standard Kirin operating systems.

This certification ensures that JPush Cloud meets essential requirements for enterprise applications, enhancing its reliability and performance. As a leading mobile developer service provider, Aurora Mobile aims to support the growth of independent technologies in China. The company is focused on accelerating its product certification processes to align with the country's push for high-tech innovation.

Aurora Mobile Limited (NASDAQ: JG) announced significant advancements in data protection and compliance at the 2021 World Internet Conference held from September 26 to September 28, 2021. The Company's booth attracted government officials, including the Deputy Director of the Cyberspace Administration of China, who praised its progress in data privacy compliance. Aurora Mobile showcased its innovative products such as JG VaaS and JG UMS, promoting efficiency and monetization for developers. Additionally, it distributed the 'APP&SDK Compliance Guide' to help developers understand data compliance.

Aurora Mobile Limited (NASDAQ: JG) announced the successful integration of its push notification service, JPush, into a demo game on Roblox. This marks a significant technological advancement, facilitating real-time communication between players in the virtual environment and their mobile devices. The application of this innovative service enhances user experience in the metaverse, allowing for seamless interactions such as sending game invites and receiving updates. The company aims to optimize JPush's capabilities further within the gaming and metaverse sectors.

Aurora Mobile Limited (NASDAQ: JG) reported Q2 2021 results with revenues at RMB89.0 million (US$13.8 million), a 34% increase year-over-year for SAAS Businesses but a 32% overall revenue decrease due to exiting the Targeted Marketing business. Gross profit grew 26% to RMB67.4 million (US$10.4 million), maintaining a gross margin of 75.7%. A net loss of RMB29.3 million (US$4.5 million) was down from RMB40.4 million last year. The company anticipates 2021 revenues between RMB342.0 million to RMB360.0 million, highlighting strong demand for new products, while adjusted EBITDA improved by 27% year-over-year.