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Hepsiburada to Announce Q3 2024 Financial Results on December 10, 2024

Quiver Quantitative ·  11/19 08:13

Hepsiburada will announce Q3 2024 financial results on December 10, 2024, followed by a conference call for analysts and investors.

Quiver AI Summary

D-MARKET Electronic Services & Trading, operating as Hepsiburada, a prominent Turkish e-commerce platform, will announce its unaudited financial results for the third quarter of 2024 on December 10, before the U.S. market opens. The company's management will host a conference call and live webcast to discuss these results at 4:00 p.m. Istanbul time, which will also be available for replay on their Investor Relations website. Hepsiburada connects over 66 million users to a wide range of products and services, utilizing both direct sales and a marketplace model. The platform also supports women entrepreneurs through its Technology Empowerment program, highlighting its commitment to social impact alongside its business objectives.

Potential Positives

  • Hepsiburada is a leading e-commerce platform in Türkiye, connecting over 66 million members with a vast selection of over 264 million stock keeping units, which highlights its significant market presence.
  • The upcoming conference call and webcast to discuss third-quarter financial results indicate transparency and a commitment to investor relations, which can enhance shareholder confidence.
  • Hepsiburada's hybrid business model combining first-party and third-party sales enables a diverse range of products and services, potentially leading to increased revenue streams.
  • The company's ongoing commitment to enhancing the role of women in the economy through its 'Technology Empowerment for Women Entrepreneurs' programme underscores its dedication to social responsibility and community support.

Potential Negatives

  • The press release does not provide specific details about the financial performance for the third quarter of 2024, which may lead to concerns and speculation about the company's financial health.
  • The timing of the financial results announcement before the U.S. market opens may create uncertainty and speculation among investors, particularly if the results are expected to reveal negative trends.
  • Hepsiburada's emphasis on its role in supporting women entrepreneurs, while commendable, may be perceived as a distraction from addressing its core financial performance, which could raise questions about prioritization in communication.

FAQ

When will Hepsiburada announce its third quarter financial results?

Hepsiburada will report its third quarter financial results on December 10, 2024, before the U.S. market opens.

What time is the Hepsiburada conference call?

The conference call will be held at 16:00 İstanbul time / 13:00 London time / 08:00 New York time on December 10, 2024.

How can I access the Hepsiburada live webcast?

The live webcast can be accessed at on the day of the call.

Where can I find the Hepsiburada results presentation?

The results presentation will be available on the Hepsiburada Investor Relations website on December 10, 2024.

What initiatives does Hepsiburada support for women entrepreneurs?

Hepsiburada has a 'Technology Empowerment for Women Entrepreneurs' program, supporting approximately 55,000 female entrepreneurs in Türkiye.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$HEPS Hedge Fund Activity

We have seen 22 institutional investors add shares of $HEPS stock to their portfolio, and 21 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • GSA CAPITAL PARTNERS LLP removed 817,033 shares (-88.9%) from their portfolio in Q3 2024
  • RENAISSANCE TECHNOLOGIES LLC added 421,600 shares (+60.9%) to their portfolio in Q3 2024
  • UBS GROUP AG removed 354,504 shares (-100.0%) from their portfolio in Q3 2024
  • B. METZLER SEEL. SOHN & CO. HOLDING AG removed 320,250 shares (-100.0%) from their portfolio in Q3 2024
  • MORGAN STANLEY removed 290,545 shares (-35.8%) from their portfolio in Q3 2024
  • ACADIAN ASSET MANAGEMENT LLC added 264,125 shares (+177.2%) to their portfolio in Q3 2024
  • MILLENNIUM MANAGEMENT LLC added 243,243 shares (+94.0%) to their portfolio in Q3 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release



ISTANBUL, Nov. 19, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, will report its unaudited financial results for the third quarter ending September 30, 2024 before the U.S. market opens on Tuesday, December 10, 2024.




Conference Call and Webcast Details

Hepsiburada's management will host an analyst and investor conference call and live webcast to discuss its financial results at 16.00 İstanbul / 13.00 London / 8.00 a.m. New York time on Tuesday, December 10, 2024.




Live webcast

can be accessed via



.



A replay will be available on the Hepsiburada Investor Relations website



following the call.




Hepsiburada's results presentation

will be available on the Hepsiburada Investor Relations website



on December 10, 2024.




About Hepsiburada



Hepsiburada is a leading e-commerce technology platform in Türkiye, connecting over 66 million members with over 264 million stock keeping units across over 30 product categories. Hepsiburada provides goods and services through its hybrid model combining first-party direct sales (1P model) and a third-party marketplace (3P model) with approximately 101 thousand merchants.



With its vision of leading the digitalization of commerce, Hepsiburada acts as a reliable, innovative and purpose-led companion in consumers' daily lives. Hepsiburada's e-commerce platform provides a broad ecosystem of capabilities for merchants and consumers including: last-mile delivery and fulfilment services, advertising services, on-demand grocery delivery services, and payment solutions offered through Hepsipay, Hepsiburada's payment companion and BNPL solutions provider. HepsiGlobal offers a selection from international merchants through its inbound arm while outbound operations aim to enable merchants in Türkiye to make cross-border sales.



Since its founding in 2000, Hepsiburada has been purpose-led, leveraging its digital capabilities to develop the role of women in the Turkish economy. Hepsiburada started the 'Technology Empowerment for Women Entrepreneurs' programme in 2017, which has supported approximately 55 thousand female entrepreneurs throughout Türkiye to reach millions of customers with their products.




Investor Relations Contact


ir@hepsiburada.com




Media Contact


corporatecommunications@hepsiburada.com



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