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JD.com Q1 Non-GAAP Net Income Falls, Revenue Rises; Shares Up Pre-Bell

MT Newswires Live05-12 18:05

JD.com (JD) reported Q1 non-GAAP net income Tuesday of 5.12 Chinese renminbi ($0.75) per diluted American depositary share, down from 8.41 renminbi a year earlier.

Analysts polled by FactSet expected 3.64 renminbi.

Net revenue for the quarter ended March 31 was 315.69 billion renminbi, compared with 301.08 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 311.51 billion renminbi.

The company's shares were up 1.3% in premarket activity.

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