Categories AlphaGraphs, Consumer, Earnings
Earnings Infographic: A snapshot of JD.com’s (JD) Q2 2022 report
JD.com Inc. (NASDAQ: JD) on Tuesday reported a 5% growth in second-quarter revenues. Earnings of the China-based e-commerce firm increased by double-digits during the period.
On an adjusted basis, earnings increased 40% year-over-year to $0.61 per ADS. On an unadjusted basis, net profit more than doubled to $653 million or $0.41 per ADS.
At $39.9 billion, second-quarter revenues were up 5% from the corresponding period of 2021. At the end of June 2022, JD.com had a total of 580.8 million active customer accounts, which is up 9% year-over-year.
Check this space to read JD.com’s Q2 2022 Earnings Call Transcript
“Our emphasis on financial discipline and operational efficiency has allowed us to return to shareholders in the form of share repurchases as well as a special cash dividend issued during the quarter. We will continue to focus on generating strong shareholder returns while maintaining our commitment to investing for the long term,” said Sandy Xu, Chief Financial Officer of JD.com.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
