Key Developments For China Finance Online Co. Limited
China Finance Online Co. Limited (JRJC.O) (Consolidated Issue listed on NASDAQ Global Market)
China Finance Online Co. Issues Q4 2009 Revenue Guidance In Line With Analysts' Estimates
China Finance Online Co announced that for fourth quarter of 2009, it expects to generate net revenues in an amount ranging from $13.0-$14.0 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $13.8 million for the same period.
HKEx Information Services Limited Selects China Finance Online Co. For Free Real Time Basic Market Prices Of Hong Kong Market
China Finance Online Co. announced that it has entered into a definitive agreement with HKEx Information Services Limited (HKEx-IS), a business subsidiary of Hong Kong Exchanges and Clearing Limited Group. Under the agreement, one of its Chinese finance websites owned by China Finance Online, will become the first HKEx-IS designated finance portal in mainland China to provide free real time basic market prices to global investors. The trial version of the services will be available starting October 5, 2009, with the official launch of the services on January 1, 2010. JRJ.com is authorized to provide free real-time prices of all securities traded on the Hong Kong Stock Exchange.
China Finance Online Co. Issues Q3 2009 Revenue Guidance Above Analysts' Estimates
China Finance Online Co. announced that for third quarter of 2009, it expects revenue to be in the range of $12.0-$13.0 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $10.70 million for the same period.
China Finance Online Co. Issues Q2 2009 Revenue Outlook In Line With Analysts' Estimates
China Finance Online Co. announced that for the second quarter of 2009, it expects to generate net revenues in an amount ranging from $10.8 to $11.8 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $10.8 million for the same period.
China Finance Online Co. Issues Q1 2009 Revenue Guidance Below Analysts' Estimates
China Finance Online Co. announced that for first quarter of 2009, it expects to generate net revenues in an amount ranging from $10.5-$11.5 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $11.9 million for first quarter of 2009.
