Vipshop Holdings (VIPS) Misses Q2 EPS by 2c, Miss on Revenues

Vipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.17, $0.02 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.6 billion.

Second Quarter 2017 Highlights

• Total net revenue for the second quarter of 2017 increased by 30.3% to RMB17.52 billion (US$2.58 billion) from RMB13.44 billion in the prior year period.
• The number of active customers[1] for the second quarter of 2017 increased by 22% year over year to 28.1 million.
• Total orders[2] for the second quarter of 2017 increased by 23% year over year to 84.8 million.
• Gross profit for the second quarter of 2017 increased by 19.1% to RMB3.86 billion (US$569.4 million) from RMB3.24 billion in the prior year period.
• Net income attributable to Vipshop\'s shareholders for the second quarter of 2017 was RMB386.5 million (US$57.0 million), as compared with RMB451.6 million in the prior year period.
• Non-GAAP net income attributable to Vipshop\'s shareholders[3] for the second quarter of 2017 increased by 7.5% to RMB728.2 million (US$107.4 million) from RMB677.5 million in the prior year period.

For earnings history and earnings-related data on Vipshop Holdings (VIPS) click here.

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