How Will Jumei International (JMEI) Stock React To Its Second Quarter Earnings Results?

NEW YORK (TheStreet) --Jumei International Holding Ltd (JMEI) reported a 68.2% increase in net income for the 2014 second quarter to $17.8 million, or 16 cents per diluted share, compared to $10.6 million, or 13 cents per diluted share for the same quarter in 2013.

The China-based online retailer of beauty products said GAAP net income grew by 53.6% to $15.4 million, or 13 cents per diluted share, from $10 million, or 12 cents per diluted share for the 2013 second quarter.

Jumei International's total net revenue rose 41.9% to $154.4 million for the most recent quarter versus $108.8 million for the year ago period.

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Shares of Jumei are lower by -0.27% to $37 in after-hours trading today. 

JMEI Chart JMEI data by YCharts

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