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Why Autohome Shares Jumped Today

TheMotleyFool

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Shares of Autohome (NYSE: ATHM) have jumped today, up by 10% as of 11:30 a.m. EDT, after the company reported third-quarter results. Autohome also announced a special cash dividend.

Revenue in the third quarter rose 5% to $232.7 million, topping the high end of Autohome's guidance of $228.5 million. Net income came in at $64 million, while operating cash flow was $82.4 million. Average daily unique visitors who accessed the company's mobile app jumped 28% during the quarter as Autohome continues to focus on mobile traffic and engagement.

Image source: Getty Images.

Source: Fool.com