secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001171843-21-007989
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action reports Q3 net income $1.38M vs loss; blockchain/NFT platform launched
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- Q3 2021 revenue $11.90M, down 3.3% YoY; net income $1.38M ($0.04 EPS) vs net loss $1.33M ($0.06 loss) in Q3 2020.
- Nine-month revenue $34.85M, up 28.6% YoY; net loss narrowed to $1.59M from $4.61M.
- Operating loss widened to $11.67M for nine months vs $4.70M; G&A expenses rose 129% to $10.37M.
- Working capital improved to $11.84M from $4.86M; cash $8.73M vs $4.30M as of Dec 31, 2020.
- Launched blockchain infrastructure for NFT applications; authorized by JD.com as WanDianBao service provider.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184321007989/0001171843-21-007989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184321007989/f8k_111221.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007989

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