58.com (WUBA) Posts Q2 Loss of 19c/ADS

August 20, 2015 6:30 AM

58.com (NYSE: WUBA) reported Q2 EPS of ($0.19), $0.27 better than the analyst estimate of ($0.46). Revenue for the quarter came in at $159.5 million versus the consensus estimate of $149.46 million.

Business Outlook

Based on the Company's current operations, total revenues for the third quarter of 2015 are expected to be between US$195.0 million and US$200.0 million, representing a year-over-year increase of 171% to 178%. This includes Ganji's revenues beginning August 6, 2015 through September 30, 2015. These estimates reflect the Company's current and preliminary view, which is subject to change.

For earnings history and earnings-related data on 58.com (WUBA) click here.

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Earnings

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