Below are the earnings highlights for Pinduoduo Inc. (PDD):
Earnings: $410.053 million in Q1 vs. -$443.454 million in the same period last year.
EPS: $0.07 in Q1 vs. -$0.09 in the same period last year.
Excluding items, Pinduoduo Inc. reported adjusted earnings of $662.603 million or $0.12 per share for the period.
For the quarter, the company also posted its earnings at $0.29 per ADS, compared with a loss of $0.36 per ADS, reported a year ago. On adjusted basis, income was at $0.47 per ADS, versus a loss of $0.23 per ADS, on year-on-year basis.
Analysts projected $0.25 per share
Revenue: $3.753 billion in Q1 vs. $3.383 billion in the same period last year.
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