Sentiment: Negative
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Jumia (JMIA) Stock Rises 8% After Q2 Earnings Beat and $50M Capital Raise
By Trader Edge at 2026-10-03 14:53
Sentiment: Negative
TLDR Jumia stock rose 7.66% to $6.255 on Wednesday after Q2 2026 results showed a bottom-line beat, with GAAP EPS of -$0.05 topping estimates by $0.05. Revenue of $52M came in just below the $53.29M consensus estimate. Adjusted EBITDA loss narrowed 36% year-over-year to $8.7M, while operating loss fell 25% to $12.4M. Jumia priced a [...] The post Jumia (JMIA) Stock Rises 8% After Q2 Earnings Beat and $50M Capital Raise appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central