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BRIEF-Wecast Network reports Q1 earnings per share $0.04

May 15 Wecast Network Inc

* Wecast Network reports Q1 2017 results

* Q1 earnings per share $0.04

* Sees FY 2017 revenue $300 million

* Wecast Network Inc says revenue for three months ending March 31, 2017 was $33.2 million as compared to $1.3 million for same period in 2016

* Wecast Network Inc - reiterating full year top line revenue guidance of $300 million usd

* Wecast Network Inc - "expect gross margins to expand" as the year continues Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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