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Autohome Inc. Announces Unaudited Results for the First Quarter Ended March 31, 2016

June 1, 2016 2:59 AM EDT

BEIJING, June 01, 2016 (GLOBE NEWSWIRE) -- Autohome Inc. (NYSE: ATHM) (Autohome or the Company), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights1 

Net Revenues increased 75.5% year-over-year to RMB1,093.5 million ($169.6 million), exceeding the high end of the Companys original guidance of RMB1,060 million ($164.4 million).  Adjusted Net Income increased 49.1% year-over-year to RMB294.4 million... More