In Q3 FY2012, Newegg reported net income of $1.04 million, down 24.8% year-over-year. Operating income was $1.41 million, a decline of 14.9%. Diluted EPS fell 29.0% to $0.22.
•Net income decreased 24.8% YoY to $1.04 million.
•Operating income declined 14.9% YoY to $1.41 million.
•Diluted EPS dropped 29.0% to $0.22.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 2001Diamond Bar, CaliforniaSubsidiary of Digital Grid (Hong Kong) Technology Co
Newegg Commerce is an electronics-focused e-retailer globally. The company sells desktops, laptops, gaming laptops, peripherals, and accessories. Its portfolio also includes CPU/processors, graphic cards, motherboards, storage devices, and computer accessories, and software, virtual reality, gaming consoles, networking, digital games, home appliances, gaming desks/chairs, and TVs. It provides supply chain third-party services, such as Shipped by Newegg, offers warehousing and fulfillment services.
Its portfolio also includes Newegg Logistics, provides warehousing, inventory management, order processing, packing, and shipping, and Newegg Staffing, offers clerical, manufacturing, and logistics employee placement.
Additionally, it operates B2C platforms, including Newegg.com, an online e-commerce platform. Its portfolio also includes Newegg.ca, an e-commerce platform focusing on IT/CE products, Newegg Global, as well as mobile apps, and B2B platforms comprising NeweggBusiness.com.
It sells its products under the Asus, MSI, HP, Lenovo, Acer, Microsoft, Samsung, LG, Gigabyte, Logitech, Intel, AMD, MSI, Corsair, ASRock, Western Digital, Seagate, G.Skill, Meta, PlayStation, Dyson, Netgear, Nintendo, H&R Block, and Adobe brands. Founded in 2001, the company is headquartered in Diamond Bar, California. Newegg Commerce, Inc. is a subsidiary of Digital Grid (Hong Kong) Technology Co., Ltd.
Newegg Commerce, Inc. is an electronics-focused e-retailer operating globally. The company sells a wide range of products including desktops, laptops, gaming laptops, peripherals, and accessories. Its portfolio also includes CPU/processors, graphic cards, motherboards, storage devices, computer accessories, software, virtual reality, gaming consoles, networking equipment, digital games, home appliances, gaming desks/chairs, and TVs. In addition to retail, Newegg offers supply chain third-party services such as Shipped by Newegg, which provides warehousing and fulfillment. It also operates Newegg Logistics for warehousing, inventory management, order processing, packing, and shipping, and Newegg Staffing for clerical, manufacturing, and logistics employee placement. The company sells products under major brands like Asus, MSI, HP, Lenovo, Acer, Microsoft, Samsung, LG, Gigabyte, Logitech, Intel, AMD, Corsair, Western Digital, Seagate, and others.
Where is Newegg Commerce, Inc. (NEGG) listed and in which currency?
Newegg Commerce, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol NEGG. The company's financials and stock trading are denominated in US Dollars (USD). As a US-based company, its shares are traded in the United States, and investors can buy and sell NEGG shares through brokerage accounts that have access to the Nasdaq exchange.
What sector and industry does Newegg Commerce, Inc. (NEGG) operate in?
Newegg Commerce, Inc. operates in the Consumer Cyclical sector, specifically within the Internet Retail industry. This means the company's performance is closely tied to the economic cycle, as consumer spending on discretionary items like electronics tends to rise and fall with economic conditions. As an internet retailer, Newegg primarily sells products online through its e-commerce platforms, competing with other online retailers in the electronics and technology space.
Where is Newegg Commerce, Inc. headquartered and what markets does it serve?
Newegg Commerce, Inc. is headquartered in Diamond Bar, California, United States. The company serves global markets through its various e-commerce platforms. Its primary B2C platform is Newegg.com, an online e-commerce site. It also operates Newegg.ca, which focuses on IT/CE products in Canada, and Newegg Global for international customers. Additionally, Newegg has mobile apps and B2B platforms such as NeweggBusiness.com. The company was founded in 2001 and is a subsidiary of Digital Grid (Hong Kong) Technology Co., Ltd.
How does Newegg Commerce, Inc. (NEGG) make money?
Newegg Commerce, Inc. generates revenue primarily through the sale of electronics and related products on its e-commerce platforms. It sells a wide variety of items including desktops, laptops, gaming hardware, components, peripherals, software, and home appliances. In addition to direct sales, Newegg offers supply chain third-party services such as Shipped by Newegg, which provides warehousing and fulfillment for other sellers. It also operates Newegg Logistics, offering warehousing, inventory management, order processing, packing, and shipping services. Furthermore, Newegg Staffing provides clerical, manufacturing, and logistics employee placement. These service offerings diversify its revenue streams beyond traditional retail.