CLSA Downgrades Leju Holdings (LEJU) to Underperform
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Leju Reports First Quarter 2015 Results
May 19, 2015 6:21 AM EDTBEIJING, May 19, 2015 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading online-to-offline ("O2O") real estate services provider in China, today announced its unaudited financial results for the fiscal quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
Total revenues increased by 19% year-on-year to $93.4 million Revenues from e-commerce services increased by 35% year-on-year to $67.1 million Non-GAAP[1] net income attributable to Leju shareholders was $1.0 million, or $0.01 per diluted American depositary share... More
