CLSA Downgrades Leju Holdings (LEJU) to Underperform

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Go back to CLSA Downgrades Leju Holdings (LEJU) to Underperform

Leju Reports First Quarter 2015 Results

May 19, 2015 6:21 AM EDT

BEIJING, 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