Company Earnings Update 3 minutesRegister for Free Access (NASDAQ: JD) 4Q18 Results: Revenues Beat Consensus Thanks to Strong Singles’ Day Sales

Executive Summary

  • reported 4Q18 revenue of ¥134.8 billion ($19.6 billion), up 22.4% year over year and beating the consensus estimate of ¥132.5 billion. 
  • Operating loss in the quarter narrowed to ¥938.9 million ($136.6 million).
  • The company’s revenue guidance for 1Q19 was ¥118–122 billion, equivalent to 18–22% year-over-year growth.

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