Investing.com - Baozun Inc reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Baozun Inc announced earnings per share of $0.13 on revenue of $308.4M. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $2.07B.
Baozun Inc shares are down 6.64% from the beginning of the year and are trading at $32.07 , down-from-52-week-high.They are under-performing the Nasdaq which is up 3.81% from the start of the year.
Baozun Inc follows other major Technology sector earnings this month
Baozun Inc's report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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