JD.com's Q2 Non-GAAP Earnings Rise, Net Revenue Falls
MT Newswires Live
Aug 13
JD.com (JD) reported Q2 non-GAAP earnings Thursday of 6.29 Chinese renminbi ($0.93) per diluted American depositary share, up from 4.97 renminbi a year earlier.
Analysts surveyed by FactSet expected 5.61 renminbi.
Net revenue for the quarter ended June 30 was 346.40 billion renminbi, down from 356.66 billion renminbi a year earlier.
Analysts expected 342.33 billion renminbi.
Shares of the company were down more than 3% in pre-bell activity on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.