Benzinga | Aug 30, 2021 06:05AM EDT

Newegg Commerce, Inc. 1H Sales $1.207B, Up 39.9% YoY; EPS $0.05, Same YoY

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

* Repeat purchases: 32.5%

* Average value per order: $359