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Vipshop Holdings (NYSE: VIPS) Q3 Results, beat Analyst Estimates, Q4 Guidance Impressive

Category: Investment


Miami, FL - November 20, 2012 ( newswire), a leading digital financial media company, Comments on Vipshop Holdings (NYSE: VIPS)

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Vipshop Holdings Limited (NYSE: VIPS) reported strong quarter with sales beating analyst estimates by nearly $9 million. The Chinese internet services provider reported $155.9 million worth of sales, beating Wall Street estimates of $147 million. Additionally, the earnings per share beat the Street estimate by more than 50% at ($0.03) per shares compared to ($0.07).