Executive

Iconix Brand Group gains profit in Q3, revenues drop 31 percent

12 days ago   |   By

Iconix Brand Group, Inc. total revenue for the third quarter was 24.5 million dollars, a 31 percent decline, compared to the same quarter of 2019. The company said, revenue across all segments was primarily negatively impacted by the effects of the Covid-19 pandemic on the global economy. GAAP net income attributable to Iconix reflected income of 45.7 million dollars compared to a net loss of 35.7 million dollars for the third quarter of 2019 and GAAP diluted EPS for the third quarter reflected income of 1.51 dollars per share compared to loss of 3.07 dollars per share for the third...
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JD.com posts increase in Q3 revenue and earnings

12 days ago   |   By

JD.com, Inc., for the three months ended September 30, 2020 reported net revenues of 174.2 billion Chinese yuan , an increase of 29.2 percent from the third quarter of 2019. The company said in a statement that net income attributable to ordinary shareholders was 7.6 billion Chinese yuan , compared to 0.6 billion Chinese yuan for the same period last year, while non-GAAP net income increased by 80.1 percent to 5.6 billion Chinese yuan. Diluted net income per ADS for the third quarter was 4.70 Chinese yuan compared to 0.41 Chinese yuan for the third quarter of 2019 and non-GAAP diluted net...
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