Waterdrop Inc - ADR

NYSE:WDH   10:25:44 AM EDT
2.55
-0.02 (-0.78%)
Share Repurchases, Other Pre-Announcement

Waterdrop Inc Announces Second Quarter 2021 Unaudited Financial Results

Published: 09/08/2021 08:16 GMT
Waterdrop Inc - ADR (WDH) - Announces Second Quarter 2021 Unaudited Financial Results.
Q2 Revenue Rose 38 Percent to Rmb 939.4 Million.
Board of Company Has Approved a Share Repurchase Program.
Approved Share Repurchase Program to Repurchase Its Own Ordinary Shares in Form of American Depository Shares of Up to Us$50 Million.company Expects to Fund Repurchase Out of Its Existing Cash Balance.
Qtrly Net Loss per Share Rmb 0.24.
Expects to Materially Reduce Sales and Marketing Expenses Compared to Q2 of 2021.