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Posted On: 05/26/2020 12:08:01 PM
Post# of 44089
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Posted By: jmtimz
$GSMG Trades up here as the company Reports First Quarter 2020 Financial Results

Glory Star New Media Group Holdings Limited (NASDAQ:GSMG) ("Glory Star" or the "Company" , a leading mobile and online digital media and entertainment company in China, today announced its financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Operating Highlights

-- Downloads of the CHEERS App exceeded 100.5 million as of March 31, 2020, compared to 17.2 million as of March 31, 2019.

-- Average daily active users ("DAUs" of the CHEERS App increased to 4.1 million from 0.5 million in the same period of 2019.

-- The Company's e-Mall carried over 9,602 Stock Keeping Units ("SKUs" as of March 31, 2020, and recorded over RMB40.6 million (US$5.8 million) in gross merchandise value ("GMV" through its CHEERS App in the first quarter of 2020.
https://www.barchart.com/story/stocks/quotes/...al-results

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