The results than analysts expected vip com fell in after hours

NetEase science and technology news November 19th, according to foreign media reports, vip.com (NYSE:VIPS) today released the quarter ended September 30th, the unaudited financial report for the third quarter. The report shows that the company’s third quarter revenue and net profit exceeded Wall Street analysts had expected, while the expected results for the first quarter of the fourth quarter is consistent with analysts expected.

vip.com expects fourth quarter revenue will be between $1 billion 200 million to $1 billion 220 million, compared to Wall Street analysts expected $1 billion 210 million.

on Tuesday in New York stock market trading, vip.com shares closed at $23.71, down 1.17% from the previous session. In after hours trading, as of press time ago, the company’s share price fell 4.60% to $22.62.

vip.com in the third quarter, the number of active users was 9 million 500 thousand, an increase of 136.8%; total order of 25 million 500 thousand copies, an increase of 117.6%.

vip.com third quarter operating expenses were $205 million 600 thousand, an increase of 147.7% over last year’s $83 million. Vip.com third quarter operating expenses in the proportion of net revenue was 23.3%, higher than the same period last year 21.6%.

, the company’s chief financial officer Yang Donghao pointed out that although the company plans to continue to invest in mobile technology and commodity sales, marketing and big data field, but to strengthen cost control will improve the operational efficiency of the future.

in the third quarter, net profit attributable to the shareholders of vip.com for $27 million 700 thousand, growth of 12 million over the same period last year to $130.3%,; diluted earnings per American Depositary Receipts (ADS) net income of $0.05, $0.02 for the same period last year. Not in accordance with U.S. generally accepted accounting standards (Non-GAAP), the third quarter diluted net income per share of ADS was $0.08, compared to $0.03 last year.

‘s third quarter revenue of $882 million 600 thousand, an increase of $383 million 700 thousand over the same period last year, $130.3%.

previously, Wall Street analysts predict the company’s third quarter adjusted net income per share of $ADS, revenue of $863 million 100 thousand. (Liu Chun)