Zulily performance failed to achieve the market value of nearly 30%

Absrtact: May 8 News, the United States mother and child supplies Flash purchase website Zulily Wednesday released the company's first quarter of 2014 earnings. Earnings showed that, although zulily when revenue rose 87% per cent year-on-year, but by the results of the market expectations of the impact of zulily market capitalisation in a day evaporated near

May 8 News, the United States mother and child supplies Flash purchase website Zulily Wednesday released the company's first quarter of 2014 earnings. Earnings showed that, although zulily when revenue rose 87% per cent year-on-year, but by the results of the market expectations of the impact, zulily market capitalisation in a day evaporated nearly 30%.

In the first quarter ended March 31, Zulily net revenue reached $237.9 million trillion, up 87% from a year earlier. Zulily's net loss in the first quarter was $2.95 million trillion, with a thin loss of $0.02 per share. The performance was better than a year earlier. In the first quarter of 2013, the net loss attributable to Zulily shareholders was USD 4.13 million, with a diluted loss of $0.09 per share. Not in accordance with the United States General accounting standards, zulily the first quarter of a share loss of 0.02 U.S. dollars, less than a year ago a share loss of 0.01 U.S. dollars.

Zulily first-quarter results were not up to market expectations. According to a survey by Thomson Reuters, market analysts had averaged 0.05 U.S. dollars per share in the first quarter, with a revenue of $248.54 million trillion, after the average zulily the U.S. General accounting standards.

Zulily said the total number of active users had risen to 3.7 million per cent at the end of the first quarter of 2014, up 93% from a year earlier, with an increase of 91% per cent in total orders over a year earlier, to 5.5 million, and an average order value of 4% per cent over a year earlier. Zulily also said that about 47% per cent of North American orders in the first quarter were completed by mobile devices, up from about 45% in the previous quarter, or about 39% from a year earlier. Zulily also said the company's new distribution center in Nevada would be delivered as scheduled in the third quarter of this year, twice times the size of the company's existing distribution center in Nevada.

Zulily estimates that the company's net revenue in the second quarter will increase 80% to 90% from $261 million trillion to $276 million a year, and that net profit will be between 2 million U.S. dollars and 3 million dollars in profits, and not in accordance with US GAAP, without interest, tax, Profits before depreciation and amortization (EBITDA) will be 5 million US dollars to 10 million dollars. Zulily also raised its 2014-year performance forecasts. The company currently expects net revenue in 2014 to be $1.15 billion trillion to $1.2 billion trillion, higher than the previously expected $1.1 billion to $1.15 billion trillion, and a net profit of $15 million to 25 million dollars.

Zulily shares fell 13.61 U.S. dollars in conventional trading in the Nasdaq Stock market in Wednesday, down 29.66% per cent to $32.28. Zulily shares closed in Wednesday at the lowest price of $30.56 a day, a 52-week low. For the past 52 weeks, Zulily's lowest share price was $30.56, with a maximum price of $73.50.