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JD.com Q3 Earnings: Revenue Beats Forecast Amid Consumer Rebound, Highlights Supply Chain Strength, Eyes Margin Growth

Benzinga LogoBenzinga1w ago

JD.com Q3 Earnings: Revenue Beats Forecast Amid Consumer Rebound, Highlights Supply Chain Strength, Eyes Margin Growth - Benzinga

Quick Summary:

JD.com, Inc. (NASDAQ: JD) reported fiscal second-quarter 2024 revenue growth of 5.1% year over year to $37.11 billion, beating the analyst consensus estimate of $36.54 billion.

Also Read: Stratasys CEO Touts Turnaround: Strong Market Gains, Cost Cuts Drive Q3 Beat, Guidance Raised

JD Segment Performance: JD.com's net product revenue increased by 4.8% year over year at $29.16 billion.

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JD.com Q3 Earnings: Revenue Beats Forecast Amid Consumer Rebound, Highlights Supply Chain Strength, Eyes Margin Growth - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 13:17:42 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23585817

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 19 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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