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
Amazon (AMZN) ups the ante in the AI race. Is the stock a buy?
For Amazon.com, Inc. (NASDAQ: AMZN), expanding the cloud infrastructure business has been a key priority lately, while maintaining its dominance in the e-commerce market. Currently, the company is busy ramping
LEN, KBH: How did the third quarter turn out for these homebuilders?
Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their third quarter 2023 earnings results recently. Both companies saw their revenues and profits fall during the period amid
KMX Earnings Preview: Will CarMax return to the fast lane this year?
CarMax, Inc. (NYSE: KMX) is preparing to publish second-quarter results on Thursday. Over the years, it has evolved into a diversified company, with the scale of operations and omnichannel strategy
