TECH - JD.com's Q1 Earnings: Revenue And EPS Beat Adj. EBITDA Growth CEO Credits Focus on User Experience And More | Benzinga
JD.com, Inc. (NASDAQ: JD) reported fiscal first-quarter 2024 revenue growth of 7% year over year to $36.02 billion, beating the analyst consensus estimate of $35.62 billion.
JD posted an adjusted net income per ADS of $0.78, beating the analyst consensus estimate of $0.64. The stock price gained after the results.
JD Segment Performance: JD.com's net product revenue increased by 6.6% year over year to $28.88 billion. Net service revenues rose 8.8% year over year to $7.14 billion.
JD Retail revenue climbed 6.8% year over year to $31.42 billion, Logistics revenue gained to $5.84 billion, and the new ...