Noah Holdings (NOAH) Reports Q2 EPS of $0.57 on Revenues of $104.7M

Noah Holdings (NYSE: NOAH) reported Q2 EPS of $0.57. Revenue for the quarter came in at $104.7 million, versus $0 reported last year.

• Net revenues for the second quarter of 2017 were RMB707.3 million (US$104.3 million), an 8.5% increase from the corresponding period in 2016.
• Net Income
  • Net income for the second quarter of 2017 was RMB205.9 million (US$30.4 million), a 16.9% increase from the corresponding period in 2016.
  • Net margin for the second quarter of 2017 was 29.1%, up from 27.0% for the corresponding period in 2016.
  • Net income attributable to Noah shareholders for the second quarter of 2017 was RMB207.0 million (US$30.5 million), a 13.6% increase from the corresponding period in 2016.
  • Net income attributable to Noah shareholders per basic and diluted ADS for the second quarter of 2017 was RMB3.67 (US$0.54) and RMB3.52 (US$0.52), respectively, up from RMB3.24 and RMB3.10, respectively, for the corresponding period in 2016.
• Non-GAAP Net Income Attributable to Noah Shareholders
  • Non-GAAP net income attributable to Noah shareholders for the second quarter of 2017 was RMB226.5 million (US$33.4 million), a 14.4% increase from the corresponding period in 2016.
  • Non-GAAP net margin attributable to Noah shareholders for the second quarter of 2017 was 32.0%, up from 30.4% for the corresponding period in 2016.
  • Non-GAAP net income attributable to Noah shareholders per diluted ADS for the second quarter of 2017 was RMB3.84 (US$0.57), up from RMB3.37 for the corresponding period in 2016.

For earnings history and earnings-related data on Noah Holdings (NOAH) click here.

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