E-Commerce China Dangdang Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenue of RMB 1,333,754,000 compared with RMB 1,083,624,000,000 for the same period last year. Loss from operations was RMB 8,859,000 compared with RMB 107,239,000 for the same period last year. Interest income was RMB 8,859,000 compared with RMB 6,437,000 for the same period last year. Loss before income taxes was RMB 72,710,000 compared with RMB 99,523,000 for the same period last year. Net loss attributable to common shareholders was RMB 72,710,000 or $0.18 diluted per share compared with RMB 99,523,000 or $0.25 diluted per share for the same period last year. Non-GAAP operating loss was RMB 77,767,000 compared with RMB 104,447,000 for the same period last year. Non-GAAP net loss was RMB 70,113,000 compared with RMB 96,731,000 for the same period last year. Adjusted EBITDA was RMB 65,141,000 compared with RMB 94,821,000 for the same period last year. Net loss was primarily due to its efforts to increase gross profit and operating leverage. Capital expenditures were RMB 24 million, including RMB 11.8 million spending on the Tianjin warehousing construction. Cash flow has greatly improved over the same period last year. Cash flow from operations increased by 51% year-on-year. The company expects total net revenue in the second quarter of 2013 to be around RMB 1.6 billion representing year-over-year growth of around 23%. It also expects GMV from its marketplace to grow at a rate of 175% year-over-year in the second quarter of 2013. This forecast reflects Dangdang's current and preliminary view, which is subject to change.

E-Commerce China Dangdang Inc. announced that they will report Q1, 2013 results Pre-Market on May 16, 2013

E-Commerce China Dangdang Inc., Q1 2013 Earnings Call, May 16, 2013