Autohome (NYSE: ATHM) reported Q1 EPS of $0.41, $0.08 better than the analyst estimate of $0.33. Revenue for the quarter came in at $195 million versus the consensus estimate of $189.4 million.

Mr. Yan Kang, President of Autohome, stated, “We started off the year strongly with better-than-expected financial and operational results. Revenue growth from our core media and leads generation services increased 27.8% year-over-year, primarily driven by solid growth in mobile traffic and our continued gain in market share for online advertising spending, which demonstrates Autohome’s leading market position and brand recognition among consumers as well as our unrivaled advantage in leads generation. While our progress so far is very encouraging, we still have a lot of work ahead of us, particularly when it comes to growing our community, efficiently connecting consumers throughout the automobile ownership cycle, facilitating transactions, strengthening our core competitive position, and expanding the scale of our automotive ecosystem using big data analysis and technology.”

Mr. Julian Wang, Chief Financial Officer, added, “We delivered an excellent quarter as we continued to gain top-line growth momentum which surpassed our original guidance. We also saw a solid improvement in our profitability despite the effects of seasonality. This reflects the success of our strategy to remain at the forefront of the industry in terms of user engagement, technology advancement, brand recognition, and commitment to our partners. Looking towards the rest of 2017, we are committed to further driving the growth and profitability of our core media platform and leads generation business, as well as further developing our value-enabling transactions and services. We will continue to enhance our value propositions to consumers, automakers and dealer clients in order to further strengthen the foundation of our business.”

For earnings history and earnings-related data on Autohome (ATHM) click here.