JMU Limited (JMU) Reports Q2 Loss of $0.05

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JMU Limited Reports Unaudited Second Quarter 2018 Financial Results

August 22, 2018 6:30 AM EDT

SHANGHAI, Aug. 22, 2018 /PRNewswire/ -- JMU Limited (the "Company" or "JMU") (NASDAQ: JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry in China, today announced its financial results for the three months ended June 30, 2018.

Second Quarter 2018 Highlights

Revenues in the second quarter of 2018 were $26.3 million, representing an increase of 27.7% from $20.6 million in the second quarter of 2017. Gross profit was $246 thousand in the second quarter of 2018, improved from $134 thousand in the second quarter... More