Revenue Update on Zhaopin Ltd (ADR)(NYSE:ZPIN)

Zhaopin Ltd (ADR)(NYSE:ZPIN) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-hours on Nov 23, 2016. Company reported revenue of $63.91M. Analysts estimated a revenue of $56.72M. The revenues were $7.19M or 12.67% above the estimates. Earnings per share were $0.22.

Zhaopin Ltd (ADR) (ZPIN) made into the market gainers list on Fridays trading session with the shares advancing 2.28% or 0.33 points. Due to strong positive momentum, the stock ended at $14.81, which is also near the day’s high of $14.97. The stock began the session at $14.6 and the volume stood at 76,674 shares. The 52-week high of the shares is $16.9 and the 52 week low is $13.7. The company has a current market capitalization of $925 M and it has 6,24,41,085 shares in outstanding.

Zhaopin Limited is a holding company. The Company is a career platform in China focusing on connecting users with relevant job opportunities throughout their career lifecycle. The Company’s Website is a career-focused Website in China. The Company provides a range of services including online recruitment campus recruitment assessment and other human resources related services. Through its zhaopin Websites and mobile applications it provides classified job postings and display advertisements resume access services and other online services. The Company provides campus recruitment services primarily to customers seeking to recruit college and university students. These services include selecting campuses organizing recruiting events collecting and managing resumes and conducting interviews and assessment tests with candidates.

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