Jumia Technologies AG (NYSE: JMIA) reported second-quarter FY21 revenue growth of 4.6% year-on-year, to $40.2 million, missing the analyst consensus of $42.34 million.
Orders increased by 12.8% Y/Y to 7.6 million, and annual active consumers rose 3.3% to 7 million.
Shares of Jumia Technologies (NYSE:JMIA) moved higher by 1.6% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 5.45% over the past year to ($0.52), which missed the estimate of ($0.43).
Jumia Technologies (NYSE:JMIA) reported quarterly sales of $40.20 million which missed the analyst consensus estimate of $42.34 million by 5.05 percent. This is a 4.48 percent increase over sales of $38.48 million the
Jumia Technologies (NYSE:JMIA) shares experienced unusual options activity on Wednesday. The stock price moved down to $21.33 following the option alert.