$GSMG Trades up here as the company Reports First
Post# of 42179
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