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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2023 | $3.50 | Outperform | Noble Capital Markets |
20-F - Newegg Commerce, Inc. (0001474627) (Filer)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
6-K - Newegg Commerce, Inc. (0001474627) (Filer)
Noble Capital Markets initiated coverage of Newegg Commerce with a rating of Outperform and set a new price target of $3.50
Reports first half 2021 increases of 39.9% and 33.9% in net sales and gross margin, respectively Newegg Commerce, Inc. (NASDAQ:NEGG), a leading tech-focused e-retailer in North America, announced its financial results for the six months ended June 30, 2021. First Half 2021 vs. First Half 2020 Financial Highlights (unaudited) Net sales increased 39.9% to $1,206.9 million from $862.7 million Gross profit increased 33.9% to $166.9 million from $124.6 million Net income increased 14.0% to $21.6 million (or $0.05 per diluted share) compared to net income of $18.9 million (or $0.05 per diluted share) Operational Highlights as of June 30, 2021 Unique active customers: 4.2 million Re
On July 14, 2021, Hangzhou Lianluo Interactive Information Technology Co., Ltd ("Hangzhou Lianluo") issued a statement via a public filing in China stating that it believes that the gross merchandise value ("GMV"), net sales and net income of Newegg Commerce, Inc. (the "Company," "us," "our," or "we") for the six months ended June 30, 2021 are expected to increase over the GMV, net sales and net income for the same period in 2020. Hangzhou Lianluo is the controlling stockholder of the Company and is publicly traded on the Shenzhen stock exchange. Hangzhou Lianluo made this filing in order to comply with the rules and regulations of the Shenzhen stock exchange. The Company is correspondingly
SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
SC 13D/A - Newegg Commerce, Inc. (0001474627) (Subject)
SC 13G/A - Newegg Commerce, Inc. (0001474627) (Subject)