JD.COM

Posted on | by Leon Hinde | Leave a Comment on JD.COM

12/5 update: JD.COM released first quarter 2023 Highlights
Net revenues for the first quarter of 2023 were RMB243.0 billion (US$135.4 billion), an increase of 1.4% from the first quarter of 2022. Income from operations for the first quarter of 2023 was RMB6.4 billion (US$0.9 billion), compared to RMB2.4 billion for the same period last year.

JD.COM is at a price level where we expect buying interest to build.

Rapid 7

Posted on | by Leon Hinde | Leave a Comment on Rapid 7

RPD:NAS announces First Quarter 2023 Financial Results

  • Annualized recurring revenue (“ARR”) of $728 million, an increase of 16% year-over-year
  • Total revenue of $183 million, up 16% year-over-year; Products revenue of $174 million, up 17% year-over-year
  • GAAP operating loss of $24 million; Non-GAAP operating income of $11 million
  • Surpassed 11,000 customers globally while growing total ARR per customer by 9% year-over-year

Paypal

Posted on | by Leon Hinde

PYPL:NAS has been consolidating between $71 & $76 for the past 8 weeks. The stock offers value and may break to the upside of the channel.

Q1 payment growth of 10% to US$354.5bn, Q1 adjusted EPS of $1.17 vs. $1.10 expected, expects Q2 revenue growth of about 6.5% to 7.0%, raised full-year guidance. PayPal had an excellent start to  2023, delivered a stronger-than-expected performance in the first quarter, and increased full-year EPS guidance.