Puyi Inc. (NASDAQ: PUYI) has once again showcased its financial strength in its recent Q4 earnings report. The company reported a GAAP EPS of -$0.076 and revenue of $9.92 million, making it the 12th consecutive quarter of profitability for the leading provider of shared short-term rental accommodations. This outstanding performance is a testament to the company’s robust demand for services and successful expansion into new markets across more than 500 cities in over 50 countries. 
The success story of Puyi Inc. continues to unfold as it diligently works on further market expansion and growth of its existing businesses. The company’s strategic vision and efficient operations have been the driving force behind its continuous profitability.
However, it’s worth noting that Puyi’s EPS took a slight hit of $0.056 due to share-based compensation expenses. When excluding this non-cash expense, Puyi’s non-GAAP EPS stands at $0.02, demonstrating the company’s ability to maintain a healthy financial performance.
While Puyi’s revenue remained flat compared to the previous quarter, the company managed to improve its gross margin to 82.2%, showcasing its commitment to optimizing its operational efficiency and profitability.
Investors expressed their confidence in Puyi’s financial strength, as reflected in the 5.5% surge in the company’s shares during after-hours trading after the earnings report was released. The positive market reaction further reinforces the market’s belief in Puyi’s potential for sustained growth and continued success.
In conclusion, Puyi Inc’s latest Q4 earnings report reaffirms its position as a leading player in the shared short-term rental accommodations market. The company’s consecutive profitability and strong financial performance highlight its resilience and strategic foresight amid ever-evolving market conditions. As Puyi continues to expand into new markets and capitalize on growth opportunities, investors eagerly await its journey towards even greater heights.