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JMU Limited (JMU) Reports Q2 EPS of $0.00 on Revenues of $20.6M

August 16, 2017 6:34 AM EDT
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JMU Limited (NASDAQ: JMU) reported Q2 EPS of $0.00. Revenue for the quarter came in at $20.6 million, versus $0 reported last year.

Second Quarter 2017 Highlights

  • Revenues in the second quarter of 2017 were $20.6 million, an increase of 35.5% from $15.2 million in the second quarter of 2016.
  • Gross profit was $0.1 million in the second quarter of 2017, improving from a gross loss of $45 thousand in the second quarter of 2016.
  • B2B online platform recorded gross billing of RMB 2,355 million (US$347 million) in the second quarter of 2017, measured in terms of gross merchandise value (\"GMV\"), increasing 47.4% from gross billing of RMB 1,598 million (US$240 million) in the second quarter of 2016.
  • Active customer accounts increased to 33,170 as of June 30, 2017, increasing 1.2% from 32,775 as of June 30, 2016.
  • Third-party sellers on the Company\'s JMU online marketplace increased to 16,170 as of June 30, 2017, compared to 14,085 as of June 30, 2016.

For earnings history and earnings-related data on JMU Limited (JMU) click here.



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