Secoo Reports Unaudited Third Quarter 2020 Results

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Secoo Holding (SECO) Reports Q3 EPS of $0.10 on Revenues of $202.3M

December 28, 2020 6:27 AM EST

Secoo Holding (NASDAQ: SECO) reported Q3 EPS of $0.10. Revenue for the quarter came in at $202.3 million.

Third Quarter 2020 Financial Results

GMV increased by 12.5% to RMB4,120.4 million (US$606.9 million) for the third quarter of 2020, from RMB3,661.0 million for the third quarter of 2019.

Total number of orders increased by 7.1% to 1,109.0 thousand for the third quarter of 2020 from 1,035.3 thousand for the third quarter of 2019.

Total revenues for the third quarter of 2020 was RMB1,373.5 million (US$202.3 million) compared with RMB1,941.6 million in the third quarter of 2019, primarily attributable to the increase in the proportion of business... More