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

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

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