Secoo Reports Unaudited Third Quarter 2018 Results
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Secoo Holding (SECO) Reports Q3 EPS of $0.14, Revenues Beat
December 4, 2018 6:39 AM ESTSecoo Holding (NASDAQ: SECO) reported Q3 EPS of $0.14, versus $0.00 reported last year. Revenue for the quarter came in at $228.9 million versus the consensus estimate of $197.84 million.
GMV1 reached RMB2,194.6 million (US$319.5 million) for Q3 2018, representing an increase of 57.4% from RMB1,394.4 million for Q3 2017.Total number of orders2 was 594.4 thousand for Q3 2018, representing an increase of 59.7% from 372.3 thousand for Q3 2017.Number of active customers3 increased by 92.4% to 304 thousand for Q3 2018 from 158 thousand for Q3 2017. Total net revenues reached RMB1,572.4 million (US$228.9 million) for Q3 2018, increasing by 60.1% from RMB982.2 million... More