secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2021-08-17T23:59:59+00:00
Accession:  0001171843-21-006006
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184321006006/0001171843-21-006006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184321006006/f8k_081621.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-006006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer