Dangdang Announces Unaudited Second Quarter 2015 Results
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Brean Affirms Dangdang (DANG) at 'Hold'; Q2 Unimpressive, But 'Going Private' Takeover Still Pending
September 1, 2015 2:11 PM EDTBrean Capital affirms E-Commerce China Dangdang (Nasdaq: DANG) with a Hold rating following Q2 results issued earlier Tuesday.
Analyst Fawne Jiang commented, Fundamentally, we remain cautious on DANG's overall outlook given 1) deceleration of its Marketplace business; 2) a declining gross margin outlook; and 3) operating... More
E-Commerce China Dangdang (DANG) Tops Q2 EPS by 10c
September 1, 2015 6:48 AM EDTE-Commerce China Dangdang (NYSE: DANG) reported Q2 EPS of (RMB0.26), RMB0.10 better than the analyst estimate of (RMB0.36). Revenue for the quarter came in at RMB2.31 billion versus the consensus estimate of RMB2.39 billion.
Dangdang had approximately 9.7 million active customers, including... More