Yu:
Revenue grew 99.6% year over year to $308.1 million, compared to analysts' estimates of $274.78 million.
Sheree:
Jumei reported earnings of 13 cents a share for the second quarter, above analysts' estimates of 12 cents a share for the quarter.
Mavis:
The stock, however, dropped $0.32 or 1.91% in the after-hours trade.
Leonarda:
JMEI closed Wednesday's trading at $16.73, up $0.03 or 0.18%, on the Nasdaq.
Therese:
Analysts currently estimate revenues of $288.04 million for the quarter.
Olga:
Looking forward to the third quarter, the company expects revenues of $287.0 million to $291.8 million.
Mahalia:
Gross profit margins dropped to 30.0 percent from 46.3 percent last year, hurt by the shift from beauty product marketplace sales to merchandise sales.
Magan:
The number of active customers increased 28 percent to about 6.4 million, while total orders increased 58.2 percent to around 17.4 million.
Chieko:
Analysts had a consensus revenue estimate of $274.78 million for the quarter.
Wilma:
Revenues for the quarter doubled to $308.1 million from $154.4 million last year, driven largely by higher number of active customers and total orders.
Jumei International Holding Ltd (NYSE:JMEI)
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