Vipshop Holdings' Q4 Non-GAAP Earnings, Revenue Decline

MT Newswires Live
21 Feb

Vipshop Holdings (VIPS) reported Q4 non-GAAP earnings Friday of 5.70 Chinese renminbi ($0.78) per diluted American depositary share, down from 5.79 renminbi a year earlier.

Analysts polled by FactSet expected 5.06 renminbi.

Revenue for the quarter ended Dec. 31 was 33.22 billion renminbi, compared with 34.67 billion renminbi a year earlier.

Analysts polled by FactSet expected 32.07 billion renminbi.

The company said it expects Q1 revenue of 26.3 billion renminbi to 27.6 billion renminbi. Analysts polled by FactSet expect 26.43 billion renminbi.

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