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JD.com Clocks Q2 Earnings Beat; JD Retail Grows 4%

JD.com, Inc (NASDAQ: JD) reported second-quarter FY22 revenue growth of 5.4% year-on-year to $40 billion, beating the consensus of $38.63 billion. JD…
byAnusuya Lahiri
August 23, 2022
1 minute read
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  • JD.com, Inc (NASDAQ: JD) reported second-quarter FY22 revenue growth of 5.4% year-on-year to $40 billion, beating the consensus of $38.63 billion.
  • JD Segment Performance: JD.com’s net product revenue grew 2.9% Y/Y to $33.7 billion. Net service revenues rose 21.9% Y/Y to $6.2 billion. JD Retail revenue grew 3.9% Y/Y to $36.1 billion.
  • Margins: The non-GAAP operating margin expanded 110 bps to 2.1%. 
  • Non-GAAP net income per ADS of $0.61 beat the consensus of $0.40.
  • JD.com generated $4.5 billion in free cash flow and held $29.4 billion in cash and equivalents.
  • JD.com’s annual active customer accounts increased by 9.2% Y/Y to 580.8 million.
  • Price Action: JD shares traded higher by 0.14% at $55.40 in the premarket session on the last check Tuesday.
  • Photo via Wikimedia Commons
 
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Lyft (NASDAQ:LYFT) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Lyft beat estimated earnings by 533.33%, reporting an EPS of $0.13 versus an estimate of $-0.03.

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