Newegg Announces First Half 2021 Financial Results
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
