On Friday, Shares of JD.Com Inc(ADR) (NASDAQ:JD), gained 0.60% to $25.05.
JD.com, declared its unaudited financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- Net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an enhance of 61% from the second quarter of 2014. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an enhance of 108% from the second quarter of 2014.
- Net loss for the second quarter of 2015 was RMB510.4 million (US$82.3 million) and net margin was negative 1.1%. Non-GAAP net loss2 for the second quarter of 2015 was RMB15.7 million (US$2.5 million) and non-GAAP net margin was negative 0.03%.
- GMV for the second quarter of 2015 was RMB114.5 billion (US$18.5 billion), an enhance of 82% contrast with the second quarter of 2014. JD Mall GMV for the second quarter of 2015 raised by 92% year-over-year.
- Annual active customer accounts3 raised by 72% to 118.0 million in the 12 months ended June 30, 2015 from 68.5 million in the 12 months ended June 30, 2014.
- Fulfilled orders in the second quarter of 2015 were 305.6 million, an enhance of 87% from 163.7 million for the same period in 2014. Fulfilled orders placed through mobile accounted for about 47% of total orders fulfilled in the second quarter of 2015, an about 290% enhance contrast to the same period in 2014.
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
Shares of Under Armour Inc (NYSE:UA), declined -6.85% to $90.03, during its last trading session.
Under Armour and the National Basketball Association, declared a multiyear global partnership that makes Under Armour the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA, the league’s youth basketball program. Under Armour will also team with the league to launch an innovative NBA FIT mobile application powered by the brand’s Connected Fitness platform. This new marketing and merchandising agreement represents a significantly expanded partnership between the NBA and Under Armour, a league partner since 2011.
As the title partner, Under Armour will become the outfitter of the NBA Draft Combine starting in 2018, in addition to developing a retail line of NBA Draft Combine apparel for fans. The NBA Draft Combine is an invite-only showcase in which leading draft prospects take part in athletic testing, five-on-five games, and interviews with teams ahead of the NBA Draft presented by State Farm.
The Jr. NBA presented by Under Armour will launch its expanded efforts in the U.S. this October with the aim of engaging five million youth during the first two years of the program through a series of basketball clinics, skills challenges and regional tournaments. This program aims to develop a lifelong passion for basketball in boys and girls ages 6-14 by teaching them the fundamentals of the game, while emphasizing values like sportsmanship, respect, teamwork, and healthy living. The Jr. NBA will comprise ongoing programming from associated youth basketball organizations, resources for participating coaches, and instructional digital content for kids and parents.
Under Armour, Inc., together with its auxiliaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.
Finally, Cavium Inc (NASDAQ:CAVM), ended its last trade with -1.25% loss, and closed at $66.14.
Cavium, declared financial results for the second quarter ended June 30, 2015.
Net revenue in the second quarter of 2015 was $105.0 million, a 3.1% sequential enhance from the $101.8 million stated in the first quarter of 2015, and a 15.8% year-over-year enhance from the $90.7 million stated in the second quarter of 2014.
Generally Accepted Accounting Principles (GAAP) Results
Net loss in the second quarter of 2015 was $6.4 million, or $(0.11) per diluted share, contrast to $13.9 million, or $(0.25) per diluted share in the first quarter of 2015. Gross margins were 64.1% in the second quarter of 2015 contrast to 64.8% in the first quarter of 2015. Total cash and cash equivalents were $122.0 million at June 30, 2015.
Non-GAAP Results
Cavium believes that the presentation of non-GAAP financial measures provides important supplemental information to administration and investors regarding financial and business trends regardingCavium’s financial condition and results of operations. These measures should only be used to evaluate Cavium’s results of operations in conjunction with the corresponding GAAP measures.
In the second quarter of 2015, Non-GAAP net income was $24.2 million, or $0.41 per diluted share. Non-GAAP gross margin was 66.8% and Non-GAAP operating margin (non-GAAP income from operations as a percentage of revenue) was 23.0%.
Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in United States and internationally. It offers integrated semiconductor processors for wired and wireless networking, communications, storage, cloud, wireless, security, video, and connected home and office applications.
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