Vipshop Reports Unaudited First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Vipshop Holdings (VIPS) Tops Q1 EPS by 9c, Revenues Beat
May 27, 2020 6:03 AM EDTVipshop Holdings (NYSE: VIPS) reported Q1 EPS of $0.20, $0.09 better than the analyst estimate of $0.11. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.54 billion.
First Quarter 2020 Highlights
Non-GAAP net margin attributable to Vipshop's shareholders[8] for the first quarter of 2020 increased to 5.2% from 3.8% in the prior year period. Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS[9] for the first quarter of 2020 increased to RMB1.44 (US$0.20) from RMB1.19 in the prior year period.Total net revenue for the first quarter of 2020 was RMB18.8 billion (US$2.7 billion),... More