Glonghui May 14 | Dingdong Grocery Shopping (DDL.US) rose 6.04% to $1.93 before the market. Dingdong Grocery Shopping released its financial report for the first quarter ending March 31. Total revenue for the period was 5,024 billion yuan, compared to 4.997.5 billion yuan for the same period in 2023, an increase of 0.5% over the previous year. The company's GMV and profit both increased during the quarter, achieving six consecutive quarters of profit under non-GAAP standards. In addition, Dingdong Grocery Shopping also raised profit expectations. It is expected that net profit and scale will increase significantly this year and year in the second quarter, and will achieve non-GAAP and GAAP profits in both the second quarter and the whole year.
美股异动丨叮咚买菜盘前涨超6% 上调Q2利润展望
Changes in US stocks 丨 Dingdong Grocery Shopping rose more than 6% before the market and raised Q2 profit outlook
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