Newegg Commerce, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2021
August 27, 2021 at 05:26 pm EDT
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Newegg Commerce, Inc. reported unaudited consolidated earnings results for the second quarter ended June 30, 2021. For the period, the company reported net sales of USD 1,206,872,000 against USD 862,700,000 a year ago. Income from operations was USD 22,463,000 against USD 17,704,000 a year ago. Net income was USD 21,591,000 against USD 18,939,000 a year ago. Basic earnings per share were USD 0.06 against USD 0.05 a year ago. Diluted earnings per share were USD 0.05 against USD 0.05 a year ago.
Newegg Commerce, Inc. is a global technology e-commerce retailer in North America. It is engaged in retailing PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Its platforms include Newegg.com, Newegg.ca, Newegg Global and Newegglogistics.com. Additionally, its platforms offer a suite of e-commerce solutions, including product listing, fulfillment, marketing, customer service and other value-added tools and services. The Company categorizes its business model into business-to-consumer (B2C) and business-to-business (B2B) operations. Its B2C is focused on selling information technology/consumer electronic (IT/CE) products including tech product categories such as 3D printers, home automation, and others. Its B2B e-commerce platform, NeweggBusiness.com, offers a full range of IT, office and industrial products and solutions with customer base ranging from government agencies, healthcare institutions, and education institutions.
NEWEGG COMMERCE, INC. 
