SouFun Holdings (SFUN) Misses Q1 EPS by 2c, Raises FY Revenue Guidance
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SouFun Announces First Quarter 2015 Results
May 20, 2015 7:43 AM EDTBEIJING, 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