05:42 AM EST, 11/19/2024 (MT Newswires) -- Vipshop Holdings ( VIPS ) reported Q3 non-GAAP earnings Tuesday of 2.47 Chinese renminbi ($0.35) per diluted American depositary share, down from 3.33 renminbi a year earlier.

Analysts polled by FactSet expected 2.49 renminbi.

Revenue for the quarter ended Sept. 30 was 20.68 billion renminbi, down from 22.77 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 20.65 billion renminbi.

For Q4, the company expects revenue of 31.2 billion renminbi to 32.9 billion renminbi. Analysts polled by FactSet expect 32.02 billion renminbi.

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