Aurora Mobile Limited (NASDAQ:JG) Q3 2024 Results Conference Call November 14, 2024 7:30 AM ET Company Participants Christian Arnell - Managing Director Weidong Luo - Co-Founder, Chairman and Chief Executive Officer Shan-Nen Bong - Chief Financial Officer Conference Call Participants Calvin Wong - Spica Capital Operator Ladies and gentlemen, thank you for standing by and welcome to the Aurora Mobile Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After ...

SHENZHEN, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 before the open of U.S. markets on Thursday, November 14, 2024. Aurora Mobile’s management will host an earnings conference call on Thursday, November 14, 2024 at 7:30 a.m. U.S. Eastern Ti ...

Aurora Mobile Limited (NASDAQ:JG) Q2 2024 Earnings Conference Call August 29, 2024 7:30 AM ET Company Participants Rene Vanguestaine - Investor Relations Shan-Nen Bong - Chief Financial Officer Weidong Luo - Co-Founder, Chairman and Chief Executive Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to the Aurora Mobile Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation ...

Core Viewpoint - Aurora Mobile Limited reported a strong performance in Q2 2024, achieving significant revenue growth and narrowing net losses, marking a historical achievement with four consecutive quarters of positive Adjusted EBITDA since its IPO in 2018 [1][3][4]. Financial Highlights - Revenues for Q2 2024 were RMB 79.4 million (US$ 10.9 million), an increase of 8% year-over-year [2][5]. - Cost of revenues was RMB 26.7 million (US$ 3.7 million), up 4% year-over-year [2][5]. - Gross profit reached RMB 52.8 million (US$ 7.3 million), reflecting an 11% increase year-over-year [2][5]. - Total operating expenses decreased by 15% year-over-year to RMB 54.8 million (US$ 7.5 million) [2][5]. - Net loss narrowed to RMB 1.3 million (US$ 0.2 million) from RMB 23.7 million in the same quarter last year [2][7]. - Adjusted net loss (non-GAAP) was RMB 0.4 million (US$ 54 thousand), compared to RMB 8.9 million in the same quarter last year [2][8]. - Adjusted EBITDA (non-GAAP) was positive at RMB 1.6 million (US$ 0.2 million), a significant improvement from a negative RMB 4.6 million for the same quarter last year [2][8]. Revenue Breakdown - Developer Subscription revenue grew by 14% quarter-over-quarter and 19% year-over-year [3]. - Subscription Services revenues totaled RMB 48.1 million, showing a 14% quarter-over-quarter and 19% year-over-year growth, driven by EngageLab business and improved ARPU [3][4]. - Value-added services revenues surged by 245% quarter-over-quarter, attributed to increased advertising spending during the 6/18 online shopping festival [3]. - Overall Vertical applications revenues grew by 16% quarter-over-quarter and 8% year-over-year, with Financial Risk Management revenue increasing by 28% quarter-over-quarter and 34% year-over-year due to a 30% growth in customer numbers [3]. Operational Efficiency - Research and development expenses decreased by 22% year-over-year to RMB 23.7 million (US$ 3.3 million) [6]. - Sales and marketing expenses increased slightly by 2% year-over-year to RMB 20.5 million (US$ 2.8 million) [6]. - General and administrative expenses decreased by 23% year-over-year to RMB 10.7 million (US$ 1.5 million) [6]. Cash Position - As of June 30, 2024, cash and cash equivalents, along with restricted cash, totaled RMB 92.7 million (US$ 12.8 million), down from RMB 115.0 million as of December 31, 2023 [8]. Share Repurchase Update - The company repurchased a total of 216,643 ADS, including 11,626 ADSs during Q2 2024, amounting to approximately US$ 36.1 thousand [9].

About us: Aurora Mobile (NASDAQ: JG) established in 2011, is a leading customer engagement and marketing technology service provider in China. Its business includes notification services, marketing growth, development tools, and data products. As its sub-brand, MoonFox Data is a leading expert in data insights and analysis services across all scenarios, aiming to help companies gain market insights and empower precise decision-making.SHENZHEN, China, Aug. 27, 2024 /PRNewswire/ --IntroductionSince the second ...

SHENZHEN, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today released the summary of an interview with a prominent technology reporter in China about the Company's JPush solution after it recently became the first push notification service provider listed on the HUAWEI Developers platform, Huawei’s platform ecosystem that integrates various services and res ...

SHENZHEN, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today released a summary of an interview with an overseas tech magazine by its VP for the Company's AI bot platform, GPTBots, Mr. Jerry Yin, who is now in Doha, the capital of Qatar, since early August this year as part of GPTBots' overseas expansion efforts. Mr. Yin was interviewed by a reporter from t ...

SHENZHEN, China, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 before the open of U.S. markets on Thursday, August 29, 2024. Aurora Mobile’s management will host an earnings conference call on Thursday, August 29, 2024 at 7:30 a.m. U.S. Eastern Time (7:30 ...

SHENZHEN, China, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today released a summary of an interview of its Chief Financial Officer, Mr. Shan-Nen Bong with an overseas financial magazine. Interview summary: Interviewer: In the past four quarterly earnings reports, I noticed that your company's gross margin remained between 65% and 72%. This is a fairly high leve ...

SHENZHEN, China, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today released a summary of an interview of its Chief Financial Officer, Mr. Shan-Nen Bong with an overseas financial magazine. Interview summary: Interviewer: In the past four quarterly earnings reports, I noticed that your company's gross margin remained between 65% and 72%. This is a fairly high level ...