Vipshop Reports Unaudited First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
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