Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of JD.com’s (JD) Q1 2022 earnings report


China-based e-commerce firm JD.com Inc. (NASDAQ: JD) Tuesday reported an 18% growth in first-quarter revenues, which translated into a modest increase in adjusted earnings. The impressive performance reflects the steady expansion of the company’s user base.

JD.com Q1 2022 earnings infographic

On an adjusted basis, earnings increased 2% year-over-year to $0.40 per ADS. on an unadjusted basis, it was a net loss of $472 million or $0.30 per ADS, which marked a deterioration from the prior-year period when the company reported a profit.

At $37.8 billion, first-quarter revenues were up 18% from the corresponding period of 2021. At the end of March 2022, JD.com had a total of 580.5 million active customer accounts, up 16% year-over-year.


Check this space to read JD.com’s Q1 2022 Earnings Call Transcript


“We are encouraged to see user engagement metrics continue to improve, demonstrating our strengthened brand image and expanded consumer mindshare. We have been implementing disciplined financial control policies while sparing no effort to support our consumers and business partners in this challenging time. Looking ahead, we will continue to execute our business strategies and focus on delivering sustainable high-quality growth in the years ahead” 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

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top