---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-006006"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:30:14.228298+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action Q2 revenue up 39.7% to $14.55M; net loss widens to $3.65M

## Summary
- Q2 revenue $14.55M (+39.7% YoY); H1 revenue $22.95M (+55% YoY).
- Q2 gross loss $0.22M vs gross profit $0.30M a year ago; gross margin negative 1.5%.
- Q2 operating loss $8.28M (margin 56.9%) vs $1.02M (9.8%) last year.
- Net loss attributable to CNET $3.65M (EPS -$0.11) vs $0.97M (EPS -$0.04) in Q2 2020.
- Cash and equivalents $11.75M as of June 30, 2021, up from $4.30M at Dec 31, 2020.

## SEC filing metadata
- accession: 0001171843-21-006006
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184321006006/0001171843-21-006006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184321006006/f8k_081621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-006006
- JSON: https://secwatch.observer/filing/0001171843-21-006006.json
- Plain text: https://secwatch.observer/filing/0001171843-21-006006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.