Gridsum Holding Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net revenues of RMB 58,717,000 compared to RMB 132,433,000 million a year ago. Loss from operations was RMB 152,220,000 compared to RMB 59,201,000 a year ago. Net loss was RMB 161,668,000 compared to RMB 62,648,000 a year ago. Loss per share was RMB 5.06 per basic and diluted share compared to RMB 2.03 per basic and diluted share a year ago.

Based on its current estimates and business trajectory, the Company expects a return to growth in net revenues in 2019.