Vip.Com Q3 Revenue And EPS Ultra Expected Share Price Rose More Than 4% Before

Recently, vip.com (VIPS.US) announced the 2019 quarter of fiscal year third (Q3) performance report before the US stock market.

Data show that the total net revenue of vip.com Q3 is 19 billion 600 million yuan, 18 billion 553 million yuan better than the market expected, an increase of 10% over the same period last year. In addition, Q3 company GMV increased 17% to 31 billion 700 million yuan over the same period, total orders increased to 128 million yuan, active customers reached 32 million, an increase of 21% over the same period last year.

In the current quarter, the net profit attributable to shareholders was 876 million yuan, exceeding the expected 624 million yuan, compared with 228 million 700 thousand yuan in the same period last year. Under the generally accepted accounting standards (GAAP), the profit per ADS was 1.3 yuan, exceeding the expected 0.91 yuan, which was 0.34 yuan in the same period last year, and the non-GAAP ADS was 1.78 yuan, which was better than the expected 1.17 yuan, compared with 0.75 yuan in the same period last year.

The company expects revenue in the fourth quarter to be between 26 billion 100 million and 27 billion 400 million yuan.

As of 19:07, as of 19:07, vip.com shares rose 4.58% in the pre trading, now reported $12.57.