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   Moore Threads posts first quarterly non-GAAP profit on surging AI GPU revenue

   Moore Threads reported third-quarter revenue of RMB 1.552 billion, up 1,773.92% year over year, with attributable net profit of RMB 49.26 million and non-GAAP net profit of RMB 20.07 million. Revenue for the first nine months reached RMB 3.289 billion, up 319.15%, while attributable net profit was RMB 37.70 million. However, the nine-month non-GAAP result remained a RMB 131 million loss, gross margin fell to 53.71%, and operating cash flow was negative RMB 3.309 billion, according to 36Kr, TMTPost and IT之家 AI.

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