Cheetah Net Supply Chain Service Inc. Reports Q3 2024 Results Amid Strategic Shift
Financial Performance: Cheetah Net Supply Chain Service, Inc. reported a significant decline in Q3 2024 revenue to $61,208, down from $10 million in the same quarter of 2023, resulting in a net loss of $1.8 million, attributed to a strategic shift from vehicle sales to logistics services.
Strategic Transformation: The company relocated its headquarters to Irvine, California, completed a public offering raising $1.1 million, and remains optimistic about long-term growth prospects despite current financial challenges, focusing on new opportunities within the logistics sector.
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CORRECTION – Cheetah Net Supply Chain Service Inc. Reports Third Quarter 2025 Financial Results
Financial Performance: Cheetah Net Supply Chain Service Inc. reported a revenue of $361,935 for Q3 2025, with a net loss of $1,314,650, reflecting a 27.6% decrease compared to the same period in 2024, primarily due to ongoing trade tensions affecting logistics demand.
Operational Challenges: The company faced challenges from tariff turmoil and reduced customer demand, particularly impacting its acquired businesses, Edward Transit Express Group and TW & EW Services, leading to a significant impairment loss of $731,307 on intangible assets.
Cost Management: General and administrative expenses decreased by 27.3% to $801,263, attributed to cost-saving measures, while interest income increased significantly by 176.7% to $244,776, driven by earnings from short-term loans and certificates of deposit.
Liquidity and Future Outlook: As of September 30, 2025, Cheetah had current assets of $9.7 million and is focusing on improving liquidity through operational cash flow and potential equity financing, while maintaining a cautious approach amid uncertain market conditions.
Why MongoDB Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket
MongoDB Financial Results: MongoDB, Inc. shares surged 16.6% in pre-market trading after reporting better-than-expected first-quarter results for fiscal 2026 and raising its revenue outlook to between $2.25 billion and $2.29 billion.
Market Movements: Several stocks experienced significant pre-market trading fluctuations, with notable gainers including MKDWELL Tech Inc. (up 232%) and Ctrl Group Limited (up 99.9%), while Helius Medical Technologies, Inc. saw a sharp decline of 80.1%.
Cheetah Net Supply Chain Service Inc. Announces First Quarter 2025 Results and Provides Corporate Update
Financial Performance and Business Shift: Cheetah Net Supply Chain Service Inc. reported a net loss of $753,909 for Q1 2025, primarily due to the discontinuation of its parallel-import vehicle business amid challenging market conditions in China and trade tensions with the U.S. The company is now focusing on logistics and warehousing services, which showed improved revenue from its subsidiary TWEW.
Operational Changes and Future Outlook: The company experienced a significant increase in interest income and is working to enhance liquidity through operational cash flow and potential equity financing. Management anticipates that while achieving ideal profits may take longer than expected, they are positioning for substantial future growth in their new business focus.
Cheetah Net Supply Chain Service Inc. Announces Full Year 2024 Results and Provides Corporate Update
Company Performance Overview: Cheetah Net Supply Chain Service Inc. reported a total net loss of $5.2 million for the year ended December 31, 2024, primarily due to the discontinuation of its parallel-import vehicle business, which saw a dramatic sales decline of 95.7%. The company is shifting focus towards logistics and warehousing services after acquiring two companies in this sector.
Strategic Changes and Future Outlook: Following a challenging market environment, Cheetah relocated its headquarters to Irvine, CA, to enhance its logistics operations and has initiated a public offering to support its new business direction. Management aims to improve operational efficiencies and expand service offerings while seeking new business opportunities for future growth.
Why Marvell Technology Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket
Marvell Technology Financial Results: Marvell Technology, Inc. shares surged 12.6% in pre-market trading after reporting third-quarter earnings of 43 cents per share and revenue of $1.52 billion, both exceeding analyst expectations.
Stock Movements: Several stocks experienced significant pre-market trading movements, with CN Energy Group gaining 151.8% and Oriental Rise Holdings dropping 44.4%, reflecting a mix of positive earnings reports and market reactions to recent announcements.
Crude Oil Surges Over 2%; US Job Openings Increase In October
U.S. Stock Market Performance: U.S. stocks showed mixed results with the Nasdaq Composite rising slightly while the Dow and S&P 500 experienced minor declines; job openings increased significantly in October, surpassing market expectations.
Global Market Trends: European and Asian markets closed higher, while UK retail sales fell sharply; commodity prices for oil and precious metals saw slight increases.
CORRECTION – Cheetah Net Supply Chain Service Inc. Reports Third Quarter 2025 Financial Results
Financial Performance: Cheetah Net Supply Chain Service Inc. reported a revenue of $361,935 for Q3 2025, with a net loss of $1,314,650, reflecting a 27.6% decrease compared to the same period in 2024, primarily due to ongoing trade tensions affecting logistics demand.
Operational Challenges: The company faced challenges from tariff turmoil and reduced customer demand, particularly impacting its acquired businesses, Edward Transit Express Group and TW & EW Services, leading to a significant impairment loss of $731,307 on intangible assets.
Cost Management: General and administrative expenses decreased by 27.3% to $801,263, attributed to cost-saving measures, while interest income increased significantly by 176.7% to $244,776, driven by earnings from short-term loans and certificates of deposit.
Liquidity and Future Outlook: As of September 30, 2025, Cheetah had current assets of $9.7 million and is focusing on improving liquidity through operational cash flow and potential equity financing, while maintaining a cautious approach amid uncertain market conditions.
Why MongoDB Shares Are Trading Higher By Over 16%; Here Are 20 Stocks Moving Premarket
MongoDB Financial Results: MongoDB, Inc. shares surged 16.6% in pre-market trading after reporting better-than-expected first-quarter results for fiscal 2026 and raising its revenue outlook to between $2.25 billion and $2.29 billion.
Market Movements: Several stocks experienced significant pre-market trading fluctuations, with notable gainers including MKDWELL Tech Inc. (up 232%) and Ctrl Group Limited (up 99.9%), while Helius Medical Technologies, Inc. saw a sharp decline of 80.1%.
Cheetah Net Supply Chain Service Inc. Announces First Quarter 2025 Results and Provides Corporate Update
Financial Performance and Business Shift: Cheetah Net Supply Chain Service Inc. reported a net loss of $753,909 for Q1 2025, primarily due to the discontinuation of its parallel-import vehicle business amid challenging market conditions in China and trade tensions with the U.S. The company is now focusing on logistics and warehousing services, which showed improved revenue from its subsidiary TWEW.
Operational Changes and Future Outlook: The company experienced a significant increase in interest income and is working to enhance liquidity through operational cash flow and potential equity financing. Management anticipates that while achieving ideal profits may take longer than expected, they are positioning for substantial future growth in their new business focus.
Cheetah Net Supply Chain Service Inc. Announces Full Year 2024 Results and Provides Corporate Update
Company Performance Overview: Cheetah Net Supply Chain Service Inc. reported a total net loss of $5.2 million for the year ended December 31, 2024, primarily due to the discontinuation of its parallel-import vehicle business, which saw a dramatic sales decline of 95.7%. The company is shifting focus towards logistics and warehousing services after acquiring two companies in this sector.
Strategic Changes and Future Outlook: Following a challenging market environment, Cheetah relocated its headquarters to Irvine, CA, to enhance its logistics operations and has initiated a public offering to support its new business direction. Management aims to improve operational efficiencies and expand service offerings while seeking new business opportunities for future growth.
Why Marvell Technology Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket
Marvell Technology Financial Results: Marvell Technology, Inc. shares surged 12.6% in pre-market trading after reporting third-quarter earnings of 43 cents per share and revenue of $1.52 billion, both exceeding analyst expectations.
Stock Movements: Several stocks experienced significant pre-market trading movements, with CN Energy Group gaining 151.8% and Oriental Rise Holdings dropping 44.4%, reflecting a mix of positive earnings reports and market reactions to recent announcements.
Crude Oil Surges Over 2%; US Job Openings Increase In October
U.S. Stock Market Performance: U.S. stocks showed mixed results with the Nasdaq Composite rising slightly while the Dow and S&P 500 experienced minor declines; job openings increased significantly in October, surpassing market expectations.
Global Market Trends: European and Asian markets closed higher, while UK retail sales fell sharply; commodity prices for oil and precious metals saw slight increases.
