500.com Ltd - ADR

NYSE:WBAI   3:57:34 PM EDT
+0.05 (+1.80%)
Other Pre-Announcement

500.Com Limited's Q3 Revenue Fell 37.8% To RMB 6.1 Mln

Published: 11/20/2020 21:09 GMT
500.Com Ltd (WBAI) - 500.com Limited Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2020.
Q3 Revenue Fell 37.8 Percent to Rmb 6.1 Million.
Revenue for Fiscal Year of 2020 Are Expected to Be, Materially and Adversely Impacted by Temporary Suspension of Tmg's Operations in Sweden.
Intends to Meet Filing Deadline of Six Months From Filing Due Date of 2019 Annual Report, Or December 31, 2020.
Qtrly Basic and Diluted Losses per Ads Were Rmb1.02 (us$0.15).
Qtrly Non-GAAP Basic and Diluted Losses per Ads Were Rmb0.73 (us$0.11).
500.com-does Not Expect to Issue Earnings Forecast Until Co Gets Instructions As to Resumption Date of Online Sports Lottery Sales From Finance Ministry.