04:37 PM EDT, 08/06/2024 (MT Newswires) -- Coupang ( CPNG ) reported Q2 adjusted net income late Tuesday of $0.07 per diluted share, down from $0.08 a year earlier.

Four analysts polled by Capital IQ expected a break-even quarter for the e-commerce company.

Net revenue for the quarter ended June 30 was $7.32 billion, up from $5.84 billion a year earlier.

Analysts expected $7.39 billion.

Coupang ( CPNG ) shares were slipping more than 2% in Tuesday's after-hours session.

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