SouFun Holdings (SFUN) Misses Q1 EPS by 2c, Raises FY Revenue Guidance

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Go back to SouFun Holdings (SFUN) Misses Q1 EPS by 2c, Raises FY Revenue Guidance

SouFun Announces First Quarter 2015 Results

May 20, 2015 7:43 AM EDT

BEIJING, May 20, 2015 /PRNewswire/ -- SouFun Holdings Limited (NYSE: SFUN) ("SouFun"), the leading real estate Internet portal in China, announced today its unaudited financial results for the three months ended March 31, 2015.

First Quarter 2015 Highlights

Total Revenue increased by 1.8% year-on-year to $123.5 million for the three months ended March 31, 2015.  Revenue from e-commerce services increased by 75.2% year-on-year to $51.5 million for the three months ended March 31, 2015. Operating income decreased by 84.9% year-on-year to $7.5 million for the three months ended March 31, 2015. Non-GAAP operating income decreased by... More