CNinsure (CISG) Misses Q1 EPS by 3c

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CNinsure Reports First Quarter 2015 Unaudited Financial Results

May 19, 2015 4:00 PM EDT

GUANGZHOU, China, May 19, 2015 (GLOBE NEWSWIRE) -- CNinsure Inc, (Nasdaq: CISG), (the "Company" or "CNinsure"), a leading independent online-to-offline ("O2O") financial services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 20151.

Financial Highlights for First Quarter of 2015

Total net revenues: RMB579.5 million (US$93.5 million), representing an increase of 24.3% from the corresponding period in 2014.   Operating income: RMB0.9 million (US$0.1million), representing a decrease of 93.6% from the corresponding period in 2014.  ... More