JD.com Q1 Non-GAAP Net Income, Revenue Increase

MT Newswires Live
05-13

JD.com (JD) reported Q1 non-GAAP net income Tuesday of 8.41 Chinese renminbi ($1.17) per diluted American depositary share, up from 5.65 renminbi a year earlier.

Analysts polled by FactSet expected 7.13 renminbi.

Revenue for the quarter ended March 31 was 301.08 billion renminbi, up from 260.05 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 290 billion renminbi.

Shares of the Chinese e-commerce platform were down more than 1% in recent premarket activity.

Price: 35.49, Change: -0.56, Percent Change: -1.55

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