After the bell, shares had added 21% to $154.60.
The China-based discount retailer recorded net income of 49 cents in the three months to December. Analysts surveyed by Thomson Reuters had anticipated net income of 41 cents a share.
Quarterly revenue of $651 million saw an explosive 117.3% year-over-year increase, primarily resulting from a 119.5% increase in the number of active customers to 5.7 million from 2.6 million. Analysts had forecast total sales of $559.43 million.
"We are very proud and excited to have exited 2013 with four quarters of consecutive profitability and strong momentum heading into 2014. This success was driven by our solid financial growth which remained in triple-digit percentages for both the top line and bottom line throughout the year," said CEO Erin Shen in a statement.
For the first quarter ending March, the company expects net revenue of $640 million to $650 million, a year-over-year growth rate of 106% to 109%. Analysts had expected a growth rate of 78% to total sales of $554.46 million.
TheStreet Ratings team rates VIPSHOP HOLDINGS LTD -ADR as a Hold with a ratings score of C. The team has this to say about their recommendation: