E-Commerce China Dangdang (DANG) Reports Q2 Loss of 12c/ADS, Offers Q2 Guidance

E-Commerce China Dangdang (NYSE: DANG) reported Q1 EPS of ($0.12), $0.16 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $357.7 million versus the consensus estimate of $355.59 million.

Outlook for Second Quarter 2015

Dangdang expects total net revenues in the second quarter of 2015 to be approximately RMB2.3 billion, representing year-over-year growth of approximately 30%. The Company also expects GMV from its marketplace to grow at a rate of 32% year-over-year to approximately RMB1.9 billion in the second quarter of 2015. This forecast reflects Dangdang's current and preliminary view, which is subject to chang

For earnings history and earnings-related data on E-Commerce China Dangdang (DANG) click here.

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