On Friday, dingdong (DDL.US) rose over 7%, reaching $4.37.
According to Zhito Finance APP, on Friday, dingdong (DDL.US) rose over 7%, reaching $4.37. The financial report shows that during Q3, dingdong achieved revenue of 6.54 billion yuan, a year-on-year increase of 27.2%, marking three consecutive quarters of year-on-year positive growth, with signs of further acceleration in growth. During the same period, the company's net income under Non-GAAP standards was 0.16 billion yuan, with a year-on-year increase exceeding nine times, achieving profitability under Non-GAAP standards for eight consecutive quarters; meanwhile, under GAAP standards, the company's net income soared over 62 times year-on-year to 0.133 billion yuan, and this indicator has also maintained profitability for three consecutive quarters.