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Stock impact report

Vipshop +11.7% after Q4 with growth in customers and average revenues [Seeking Alpha]

Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS) 
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vip.com
Company Research Source: Seeking Alpha
Vipshop +11.7% after Q4 with growth in customers and average revenuesVipshop Holdings (NYSE:VIPS) is taking off after hours,up 11.7%, afterQ4 earnings with generally in-line revenues led to a profit beat, and the company guided high for Q1 revenues.Total net revenue rose 27% in renminbi terms to 24.1B yuan on the back of both customer growth and average revenues.Active customers rose 4% to 28.6M; total orders were up 27% to 104.2M.Meanwhile, average revenue per customer was up 22%. Net income (non-GAAP) fell to 888.1M yuan from 970.3M.The company expects "further operating leverage" in the long run from getting high-quality traffic via partnership with Tencent and JD.com.For Q1, it's guiding to revenues of 19.1B-19.9B yuan -- a 20-25% growth rate and above consensus for 18.98B yuan.Conference call to come tomorrow at 8 a.m. ET.Press releaseSee all stocks on the move »Now read:Internet Initiative Japan, Inc. 2017 Q3 - Results - Earnings Call Slides » Show less Read more
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