JMU Limited (JMU) Reports Q3 Loss of $0.003 on Revenues of $27.1M

JMU Limited (NASDAQ: JMU) reported Q3 EPS of $-0.003. Revenue for the quarter came in at $27.1 million.

Third Quarter 2017 Highlights

• Revenues in the third quarter of 2017 were $27.1 million, an increase of 36.9% from $19.8 million in the third quarter of 2016.
• Gross profit was $150.6 thousand in the third quarter of 2017, improving from a gross loss of $145.0 thousand in the third quarter of 2016.
• B2B online platform recorded gross billing of RMB 5,391 million (US$810 million) in the third quarter of 2017, measured in terms of gross merchandise value (\"GMV\"), increasing 68.8% from gross billing of RMB 3,194 million (US$479 million) in the third quarter of 2016.
• Active customer accounts were 33,198 as of September 30, 2017, as compared to 33,214 as of September 30, 2016.
• Third-party sellers on the Company\'s JMU online marketplace increased 13.6% to 16,012 as of September 30, 2017, compared to 14,094 as of September 30, 2016.

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

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