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Tuniu: 3Q Earnings Snapshot

Tuniu: 3Q Earnings Snapshot

Associated Press

NANJING, China (AP) _ Tuniu Corp. (TOUR) on Tuesday reported third-quarter net income of $4.5 million, after reporting a loss in the same period a year earlier.

The Nanjing, China-based company said it had net income of 3 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were 10 cents per share.

The online travel company posted revenue of $111.1 million in the period.

For the current quarter ending in December, Tuniu said it expects revenue in the range of $61.6 million to $65 million.

Tuniu shares have dropped 22 percent since the beginning of the year. The stock has declined 32 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOUR at https://www.zacks.com/ap/TOUR