Categories AlphaGraphs, Earnings, Retail
JD Earnings: JD.Com reports higher revenues and profit for Q3 2023
JD.com Inc. (NASDAQ: JD), a leading e-commerce firm in China, on Wednesday reported higher revenues and adjusted earnings for the third quarter of 2023.
Adjusted profit moved up 7% annually to $0.92 per ADS in the third quarter. On an unadjusted basis, the net profit was $1.1 billion or $0.69 per ADS, which is up 33% and 40% respectively from the prior-year period.
At $34.0 billion, third-quarter revenues were up 2% from the corresponding period of 2022. A decrease in the core Net Product revenue was more than offset by an increase in Net Service revenues.
“We continue to be encouraged by the progress we are making, as evidenced by further expanded merchant base and improved user shopping behavior. With our clear strategy to deliver value for users and business partners and a value proposition that is optimized for the future, I am confident that JD.com is well-positioned for long-term sustainable growth,” said Sandy Xu, CEO of JD.com.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
