Piper Jaffray Downgrades Dangdang (DANG) to Neutral

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China Dangdang (DANG) Posts Narrower-than-Expected Q4 Loss of 24c; Guides Q113 Revs

March 7, 2013 6:29 AM EST

E-Commerce China Dangdang (NYSE: DANG) reported Q4 loss of $0.24 per ADS, $0.01 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $259.2 million versus the consensus estimate of $258.85 million.

Dangdang expects its total net revenues and the GMV from... More