Quhuo Limited (NASDAQ:QH) Stock Takes a Hit After Releasing Quarterly Earnings

August 26, 2021

Quhuo Limited (NASDAQ:QH) fell 6% after announcing its Q2 2021 unaudited financial results. The company reported 81% YoY revenue growth to $153.6 million attributed to ion-demand delivery offerings revenue that was up 74.1% YoY and mobility service solutions revenue that increased 336.9% YoY. In addition, accommodation and housekeeping revenue were up 56 times YoY and 67.2% QoQ. The company reported an adjusted EBITDA of $4,5 million, which is an improvement…