Welcome to our dedicated page for JT news (Ticker: JT), a resource for investors and traders seeking the latest updates and insights on JT stock.
Jianpu Technology Inc. (NYSE: JT) is described as a leading independent open platform for the discovery and recommendation of financial products in China, and its news flow reflects both operational performance and capital markets developments. Company announcements frequently highlight how Jianpu connects users with financial service providers for products such as consumer and other loans, credit cards and wealth management products, and how it supports institutions with sales and marketing solutions, data services and risk management solutions.
News updates for JT often include unaudited financial results for quarterly periods, where Jianpu reports trends in revenues from recommendation services for loans and credit cards, big data and system-based risk management services, and marketing and other services. These releases provide detail on loan application volumes, credit card volumes, average fees per application, and changes in operating expenses, along with commentary from management on diversification, operational efficiency and cost optimization.
Investors following JT news will also see regulatory and capital markets announcements. Jianpu has disclosed NYSE non-compliance letters regarding the trading price of its American depositary shares under NYSE rule 802.01C, explaining the applicable cure periods and potential consequences if minimum price criteria are not met. In addition, the company has announced a share repurchase program authorized by its board of directors and a share purchase plan by certain co-founders and directors using personal funds.
Regular press releases also cover upcoming earnings calls, including schedules and dial-in details for quarterly results. For readers tracking Jianpu, this news stream offers insight into the company’s evolving revenue mix across recommendation services, big data and system-based risk management services, and marketing and other services, as well as its responses to market conditions and regulatory requirements. Bookmark this page to access a consolidated view of Jianpu Technology Inc. news, from financial disclosures to corporate actions related to the JT stock.
Jianpu Technology Inc. (NYSE: JT) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the SEC on April 26, 2023. This report includes the Company's audited consolidated financial statements, which are accessible via the SEC's website and Jianpu's investor relations site. Jianpu is recognized as a leading independent platform in China for discovering and recommending financial products, facilitating connections between users and service providers efficiently and securely. The Company strives to maintain independence and impartiality in serving both users and financial service providers through tailored solutions.
Jianpu Technology (NYSE: JT) reported its fourth quarter and fiscal year 2022 financial results, highlighting a 27.2% increase in total revenues to RMB731.7 million (US$106.1 million) year-over-year. The fourth quarter saw revenues from recommendation services rise 8.5% to RMB171.3 million (US$24.8 million), mainly driven by loan recommendations, despite a slight drop in credit card services. The company also achieved a reduced net loss of RMB20.2 million (US$2.9 million), significantly better than last year's RMB48.3 million net loss. However, revenues from big data services declined 20.8% due to COVID-19 impacts, and operational losses decreased substantially due to cost optimization.
Jianpu Technology Inc. (NYSE: JT) announced it will report its fourth quarter and fiscal year 2022 unaudited financial results on March 21, 2023, before the U.S. market opens. The management will host a conference call on the same day at 8:00 AM ET. Interested participants can join using the provided toll-free numbers, with a replay available for up to one week after the call. Jianpu operates as an independent platform for discovering and recommending financial products in China, connecting users with financial service providers. The company aims to enhance service efficiency through its proprietary technology.
Jianpu Technology Inc. (JT) reported a 26.4% increase in total revenues to RMB268.8 million (US$37.8 million) for Q3 2022. Recommendation services revenues soared by 30.3%, driven by higher credit card and loan application volumes. However, revenues from big data services fell by 18.8%, attributed to fewer paying customers amid COVID-19 impacts. The net loss was reduced to RMB25.1 million (US$3.5 million) from RMB60.0 million a year prior, improving the net loss margin to 9.3%. Despite a cautious outlook ahead, the company expects to sustain growth through operational efficiencies.
Jianpu Technology Inc. (NYSE: JT) will release its third quarter 2022 financial results on December 2, 2022, before U.S. market opening. An earnings conference call is scheduled for 7:00 AM ET on the same day. Investors can join the call via dial-in numbers or watch a live webcast on their investor relations website. Jianpu provides a platform for the discovery and recommendation of financial products in China, connecting users with service providers efficiently. The company emphasizes maintaining an independent open platform.
Jianpu Technology Inc. (NYSE: JT) reported its Q2 2022 financial results, showing robust growth despite a challenging macro environment. Total revenues increased by 33.9% to RMB265.1 million (US$39.6 million), driven largely by a 37.8% rise in recommendation services revenue to RMB204.7 million (US$30.6 million). The number of loan applications surged by 43.3%, while advertising revenues skyrocketed by 187%. Operating losses decreased to RMB35.9 million (US$5.4 million), reflecting enhanced operational efficiency. However, revenue from big data services dropped by 37%. The company remains cautiously optimistic for H2 2022.
Jianpu Technology Inc. (NYSE: JT) will release its unaudited financial results for the second quarter of 2022 on August 23, 2022, before U.S. market opening. A conference call is scheduled for 8:00 AM ET on the same day, providing dial-in details for U.S., international, and Hong Kong participants. The call will be available via webcast on Jianpu's investor relations website. The company is a leading platform for discovering and recommending financial products in China.
Jianpu Technology Inc. (NYSE: JT) reported a strong performance for Q1 2022, with total revenues increasing by 42.6% year-over-year to RMB207.6 million (US$32.7 million). Revenue from recommendation services rose 35.6% to RMB144.1 million (US$22.7 million), driven by a 77.3% increase in domestic loan applications. However, revenues from big data services fell 24.9% to RMB20.2 million (US$3.2 million). Despite a decrease in net losses to RMB53.0 million (US$8.4 million), operational challenges due to COVID-19 persist. The company expects continued growth supported by digital transformation initiatives.
Jianpu Technology Inc. (NYSE: JT) has announced a change in the timing of its earnings release for Q1 2022, now scheduled for June 17, 2022. The conference call will take place at 8:00 AM Eastern Time, allowing participants to connect via various dial-in options. The company remains a leading platform for financial product discovery in China, connecting users with financial services. A webcast of the earnings call will also be available on their investor relations website.
Jianpu Technology Inc. (NYSE: JT) announced that it will release its first quarter 2022 unaudited financial results on June 14, 2022, before U.S. market opens. Following the release, a conference call will be held at 8:00 AM ET on the same day. Investors can access the call via dedicated dial-in numbers or through the company's investor relations website. Jianpu is a key player in China's financial services sector, offering an open platform for discovering and recommending financial products tailored to users' needs.
