Sentiment: Positive
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Temu’s Parent PDD Stock Slips as Profit Drops 12% Despite Earnings Beat
By Trader Edge at 2026-09-27 06:31
Sentiment: Positive
TLDR PDD Holdings reported Q2 net profit of RMB27.18 billion ($4.04 billion), down 12% year-over-year but ahead of analyst expectations of RMB24.40 billion. Revenue came in at RMB112.4 billion ($16.6 billion), up 8% year-over-year but slightly below the RMB113.9 billion estimate. Adjusted EPS of RMB19.33 beat the consensus of RMB18.35. Temu was fined over $230 [...] The post Temu’s Parent PDD Stock Slips as Profit Drops 12% Despite Earnings Beat appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central